PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Update

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 23,207 shares, a drop of 65.6% from the June 30th total of 67,377 shares. Based on an average daily volume of 119,036 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Eagle Bay Advisors LLC purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at about $29,000. WFA of San Diego LLC raised its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the fourth quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 400 shares in the last quarter. IFP Advisors Inc lifted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% during the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock worth $186,000 after purchasing an additional 1,000 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth approximately $235,000. Finally, Essential Partners LLC boosted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% in the first quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after acquiring an additional 371 shares in the last quarter. 39.71% of the stock is currently owned by hedge funds and other institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock traded up $0.06 during mid-day trading on Monday, reaching $48.35. 53,819 shares of the stock traded hands, compared to its average volume of 107,261. The business has a 50-day moving average of $50.17 and a 200 day moving average of $51.34. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $48.23 and a fifty-two week high of $54.87.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.