PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) shares saw strong trading volume on Tuesday. Approximately 309,538 shares were traded during mid-day trading, an increase of 42% from the previous session’s volume of 217,878 shares. The stock last traded at $44.5530 and had previously closed at $44.57.
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Up 0.8%
The firm’s 50 day simple moving average is $47.41 and its 200-day simple moving average is $49.54.
Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
Several hedge funds and other institutional investors have recently modified their holdings of LTPZ. Ares Financial Consulting LLC boosted its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% during the second quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock worth $3,458,000 after acquiring an additional 11,084 shares during the last quarter. Torren Management LLC raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% in the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after acquiring an additional 3,633 shares during the last quarter. Finally, Essential Partners LLC raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% in the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after acquiring an additional 371 shares during the last quarter. 39.71% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
- Curaleaf’s Higher Aurora Bid Raises the Stakes in Cannabis Consolidation
- Why onsemi’s Synaptics Pivot Could Be a Game Changer
- AI Chip Demand Gives Linde a New Growth Catalyst
- Qualcomm’s Huawei Deal Adds Strategic Depth to Its AI Expansion
Receive News & Ratings for PIMCO 15+ 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 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.
