PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Volume Increase – Time to Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw an uptick in trading volume on Thursday . 183,405 shares traded hands during trading, an increase of 17% from the previous session’s volume of 157,361 shares.The stock last traded at $47.5150 and had previously closed at $47.89.

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

The business has a fifty day moving average price of $48.37 and a 200 day moving average price of $50.35.

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

Several institutional investors have recently modified their holdings of the stock. Ares Financial Consulting LLC boosted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% in the 2nd quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock valued at $3,458,000 after buying an additional 11,084 shares in the last quarter. Hirtle Callaghan & Co LLC grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock worth $3,472,000 after purchasing an additional 8,267 shares during the last quarter. Torren Management LLC lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% in the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after purchasing an additional 3,633 shares during the last quarter. Greenline Partners LLC boosted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after purchasing an additional 2,190 shares during the period. Finally, Essential Partners LLC boosted its holdings in shares of 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 during the period. Hedge funds and other institutional investors own 39.71% of the company’s stock.

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

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.