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 large increase in short interest in March. As of March 31st, there was short interest totaling 1,528 shares, an increase of 64.8% from the March 15th total of 927 shares. Based on an average daily volume of 15,871 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Trading Up 0.2%

Shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund stock traded up $0.13 on Monday, reaching $53.41. 41,903 shares of the company were exchanged, compared to its average volume of 33,732. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a one year low of $52.26 and a one year high of $54.16. The company has a 50-day moving average of $53.39 and a 200 day moving average of $53.39.

Institutional Investors Weigh In On PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fairway Wealth LLC increased its holdings 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 worth $358,000 after acquiring an additional 540 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of 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 last quarter. Flow Traders U.S. LLC acquired a new position in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth approximately $1,410,000. One Capital Management LLC acquired a new position in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth approximately $4,177,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 158.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,921 shares of the company’s stock worth $157,000 after acquiring an additional 1,790 shares during the last quarter.

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.