PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Unusually-High Trading Volume – Here’s Why

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shares saw unusually-strong trading volume on Monday . Approximately 87,325 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 96,890 shares.The stock last traded at $52.11 and had previously closed at $52.30.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.4%

The stock’s fifty day moving average price is $53.47 and its 200-day moving average price is $52.47.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bessemer Group Inc. acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $27,000. Salomon & Ludwin LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the second quarter worth $73,000. IFP Advisors Inc lifted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after acquiring an additional 1,000 shares during the last quarter. Atlas Capital Advisors Inc. grew its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 13.2% in the 1st quarter. Atlas Capital Advisors Inc. now owns 4,300 shares of the company’s stock valued at $236,000 after acquiring an additional 500 shares during the period. Finally, Greenline Partners LLC increased its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after purchasing an additional 2,190 shares during the last quarter. Institutional investors and hedge funds own 39.71% of the company’s stock.

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

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).