Short Interest in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Drops By 52.5%

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 27,144 shares, a drop of 52.5% from the February 26th total of 57,100 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 59,819 shares, the days-to-cover ratio is presently 0.5 days.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2%

STPZ stock traded up $0.12 during midday trading on Friday, hitting $53.92. The company’s stock had a trading volume of 61,028 shares, compared to its average volume of 36,034. The stock’s 50-day moving average price is $53.97 and its 200 day moving average price is $53.97. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 1 year low of $52.98 and a 1 year high of $54.48.

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

The business also recently declared 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 of this dividend was Wednesday, December 31st.

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

Large investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC grew its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the 4th quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after acquiring an additional 803 shares during the period. Arbor Investment Advisors LLC raised its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the 4th quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock worth $5,073,000 after purchasing an additional 5,795 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at approximately $254,000. Captrust Financial Advisors grew its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock valued at $2,630,000 after purchasing an additional 638 shares during the period. Finally, Arkos Global Advisors purchased a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $232,000. Hedge funds and other institutional investors own 75.17% of the company’s stock.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.