PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Up 81.1% in December

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 58,715 shares, a growth of 81.1% from the December 15th total of 32,429 shares. Based on an average daily trading volume, of 30,250 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 30,250 shares, the days-to-cover ratio is presently 1.9 days.

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

Shares of STPZ traded down $0.08 during mid-day trading on Thursday, reaching $53.67. The company had a trading volume of 45,068 shares, compared to its average volume of 36,517. The firm has a fifty day simple moving average of $53.81 and a 200-day simple moving average of $53.97. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $52.21 and a fifty-two week high of $54.48.

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

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, December 31st.

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

Several large investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after acquiring an additional 1,059 shares during the last quarter. Arkos Global Advisors acquired a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth approximately $232,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $254,000. Jones Financial Companies Lllp increased its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the third quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock worth $264,000 after buying an additional 1,505 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 35.3% in the second quarter. TD Private Client Wealth LLC now owns 15,708 shares of the company’s stock valued at $845,000 after acquiring an additional 4,096 shares in the last quarter. 75.17% of the stock is currently owned by institutional investors and hedge funds.

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. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.