PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Volume Increase – What’s Next?

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) saw unusually-high trading volume on Monday. 166,318 shares traded hands during mid-day trading, a decline of 13% from the previous session’s volume of 191,866 shares. The stock last traded at $45.3160 and had previously closed at $45.83.

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

The business has a 50 day moving average price of $47.82 and a 200 day moving average price of $49.83.

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. Ares Financial Consulting LLC increased its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% during the second 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 during the period. Essential Partners LLC lifted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% in the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock worth $387,000 after purchasing an additional 371 shares during the period. Finally, Torren Management LLC boosted its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the first 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 in the last quarter. Institutional investors own 39.71% of the company’s stock.

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

(Get Free Report)

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.

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