PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Trading Down 0%

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) fell 0% during mid-day trading on Thursday . The stock traded as low as $52.32 and last traded at $52.34. 18,833 shares traded hands during trading, a decline of 69% from the average session volume of 60,988 shares. The stock had previously closed at $52.36.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.1 %

The business has a fifty day moving average price of $51.90 and a 200 day moving average price of $51.54.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently bought and sold shares of STPZ. Canandaigua National Bank & Trust Co. acquired a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at $214,000. Arbor Investment Advisors LLC boosted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 56.9% in the 1st 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. Finally, TIAA Trust National Association increased its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.4% in the 1st quarter. TIAA Trust National Association now owns 258,941 shares of the company’s stock worth $13,335,000 after purchasing an additional 3,490 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.