PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Hits New 12-Month Low – Should You Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $52.50 and last traded at $52.52, with a volume of 14020 shares traded. The stock had previously closed at $52.54.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.0%

The firm has a 50-day moving average of $52.84 and a two-hundred day moving average of $53.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after purchasing an additional 1,059 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter worth approximately $221,000. TD Private Client Wealth LLC increased its position in 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 worth $978,000 after purchasing an additional 803 shares in the last quarter. Captrust Financial Advisors lifted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in the 2nd quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after purchasing an additional 28,493 shares during the last quarter. Finally, Arbor Investment Advisors LLC lifted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock valued at $5,217,000 after purchasing an additional 1,889 shares during the last quarter. Institutional investors own 75.17% of the company’s stock.

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.