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 unusually-strong trading volume on Monday . Approximately 78,384 shares traded hands during trading, a decline of 34% from the previous session’s volume of 118,128 shares.The stock last traded at $47.81 and had previously closed at $47.98.

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

The stock has a 50-day simple moving average of $49.64 and a two-hundred day simple moving average of $51.06.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds have recently added to or reduced their stakes in the business. Essential Partners LLC lifted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the first quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after buying an additional 371 shares during the last quarter. WFA of San Diego LLC boosted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 400 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth approximately $29,000. Greenline Partners LLC grew its position 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 last quarter. Finally, Torren Management LLC raised its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock worth $2,882,000 after acquiring an additional 3,633 shares in the last quarter. 39.71% of the stock is owned by hedge funds and other institutional investors.

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). 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.