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) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 91,579 shares, a growth of 65.0% from the February 26th total of 55,514 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 71,298 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently modified their holdings of LTPZ. WFA of San Diego LLC boosted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares during the period. Atlas Capital Advisors Inc. purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth about $235,000. Hirtle Callaghan & Co LLC raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock worth $3,472,000 after buying an additional 8,267 shares during the period. Torren Management LLC acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth about $2,735,000. Finally, Ares Financial Consulting LLC purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $3,102,000. 39.71% of the stock is owned by institutional investors and hedge funds.

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

Shares of NYSEARCA LTPZ traded down $0.54 during trading on Friday, hitting $50.40. The company had a trading volume of 146,419 shares, compared to its average volume of 81,399. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $49.04 and a 52 week high of $55.66. The business’s 50-day moving average is $52.28 and its 200 day moving average is $52.76.

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.