PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Unusually-High Trading Volume – Should You Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw an uptick in trading volume on Wednesday . 348,220 shares changed hands during mid-day trading, an increase of 276% from the previous session’s volume of 92,490 shares.The stock last traded at $50.66 and had previously closed at $50.96.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2%

The stock has a fifty day moving average price of $51.24 and a 200 day moving average price of $51.97.

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

A number of large investors have recently bought and sold shares of LTPZ. Ares Financial Consulting LLC purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at $3,102,000. Torren Management LLC purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth $2,735,000. Hirtle Callaghan & Co LLC lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% in 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. Atlas Capital Advisors Inc. purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth $235,000. Finally, Greenline Partners LLC lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after buying an additional 2,190 shares during the period. Hedge funds and other institutional investors own 39.71% of the company’s stock.

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.