PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Hits New 12-Month Low – Here’s Why

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $49.75 and last traded at $49.6830, with a volume of 56206 shares traded. The stock had previously closed at $50.17.

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

The business’s 50 day moving average is $51.50 and its 200-day moving average is $52.21.

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

Institutional investors have recently added to or reduced their stakes in the business. Hirtle Callaghan & Co LLC increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock valued at $3,472,000 after purchasing an additional 8,267 shares during the last quarter. Torren Management LLC increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the first quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after purchasing an additional 3,633 shares during the last quarter. Greenline Partners LLC increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after purchasing an additional 2,190 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at $235,000. Finally, WFA of San Diego LLC increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% during the fourth quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares during the last quarter. Institutional investors own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

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.