PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Update

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 927 shares, a growth of 539.3% from the February 26th total of 145 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 18,752 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 18,752 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Fairway Wealth LLC grew its stake in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 8.6% during the 4th quarter. Fairway Wealth LLC now owns 6,836 shares of the company’s stock valued at $358,000 after acquiring an additional 540 shares during the period. IFP Advisors Inc raised its stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,134.0% during the 3rd quarter. IFP Advisors Inc now owns 2,468 shares of the company’s stock worth $133,000 after acquiring an additional 2,268 shares during the period. Flow Traders U.S. LLC bought a new stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth approximately $1,410,000. One Capital Management LLC purchased a new position in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at approximately $4,177,000. Finally, Jones Financial Companies Lllp lifted its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 158.3% during the third quarter. Jones Financial Companies Lllp now owns 2,921 shares of the company’s stock valued at $157,000 after purchasing an additional 1,790 shares in the last quarter.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Price Performance

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund stock traded down $0.19 during trading on Tuesday, reaching $52.88. The company had a trading volume of 25,436 shares, compared to its average volume of 11,895. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $51.54 and a 52 week high of $54.16. The firm’s 50-day simple moving average is $53.38 and its 200 day simple moving average is $53.47.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.20 dividend. The ex-dividend date was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index). The Index is an unmanaged index comprised of Treasury Inflation Protected Securities (TIPS). The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements.