PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 30,740 shares, a decline of 41.3% from the April 15th total of 52,411 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,663 shares, the days-to-cover ratio is presently 0.4 days.
Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
Hedge funds and other institutional investors have recently made changes to their positions in the company. Bessemer Group Inc. acquired a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $27,000. IFP Advisors Inc grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% during the 3rd quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after purchasing an additional 1,000 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at approximately $3,102,000. Torren Management LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at approximately $2,735,000. Finally, 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 4th quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock valued at $3,472,000 after purchasing an additional 8,267 shares during the last quarter. 39.71% of the stock is currently 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 $0.13 during midday trading on Monday, hitting $50.17. The stock had a trading volume of 182,485 shares, compared to its average volume of 86,185. The company’s 50-day moving average price is $51.50 and its 200-day moving average price is $52.21. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $49.83 and a fifty-two week high of $54.87.
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.
See Also
- Five stocks we like better than PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.
