PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Down 27.2% in February

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 55,514 shares, a decrease of 27.2% from the February 12th total of 76,264 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 57,864 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 57,864 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

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

Several institutional investors have recently bought and sold shares of the stock. Ares Financial Consulting LLC acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth $3,102,000. Torren Management LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter valued at $2,735,000. Hirtle Callaghan & Co LLC grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% in the 4th quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock worth $3,472,000 after purchasing an additional 8,267 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth about $235,000. Finally, Greenline Partners LLC increased its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after purchasing an additional 2,190 shares in the last quarter. Institutional investors and hedge funds own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.8%

NYSEARCA LTPZ traded up $0.41 during trading on Monday, reaching $51.81. 55,886 shares of the company traded hands, compared to its average volume of 72,012. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $49.04 and a 1-year high of $55.66. The stock’s 50 day moving average price is $52.43 and its two-hundred day moving average price is $52.83.

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.