PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Strong Trading Volume

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw strong trading volume on Tuesday . 38,592 shares changed hands during trading, a decline of 43% from the previous session’s volume of 67,645 shares.The stock last traded at $51.38 and had previously closed at $51.35.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Up 0.2 %

The stock’s 50-day moving average is $51.34 and its 200-day moving average is $51.03.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Several large investors have recently added to or reduced their stakes in STPZ. Arbor Investment Advisors LLC boosted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 56.9% in the first quarter. Arbor Investment Advisors LLC now owns 55,648 shares of the company’s stock valued at $2,866,000 after purchasing an additional 20,185 shares during the period. Gould Asset Management LLC CA boosted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.2% in the 4th quarter. Gould Asset Management LLC CA now owns 13,030 shares of the company’s stock valued at $666,000 after buying an additional 640 shares during the last quarter. Finally, TIAA Trust National Association grew its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 34.4% during the fourth quarter. TIAA Trust National Association now owns 255,451 shares of the company’s stock valued at $13,066,000 after acquiring an additional 65,327 shares in the last quarter.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index.