PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Down 33.9% in February

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 56,099 shares, a drop of 33.9% from the January 29th total of 84,851 shares. Based on an average daily volume of 21,756 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.7% of the shares of the stock are sold short. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 21,756 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after buying an additional 1,059 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 2nd quarter worth $1,417,000. Captrust Financial Advisors raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after purchasing an additional 28,493 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% during the third quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock valued at $944,000 after purchasing an additional 1,718 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after purchasing an additional 1,505 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock.

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

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock traded down $0.06 during trading on Monday, hitting $54.12. The stock had a trading volume of 28,536 shares, compared to its average volume of 27,572. The business has a fifty day moving average of $53.83 and a two-hundred day moving average of $53.98. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $52.98 and a fifty-two week high of $54.48.

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

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

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.