PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Shares Up 0.8%

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shot up 0.8% during mid-day trading on Thursday . The company traded as high as $53.77 and last traded at $53.71. 63,711 shares changed hands during trading, a decline of 67% from the average session volume of 192,228 shares. The stock had previously closed at $53.31.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

The stock’s 50-day moving average is $54.07 and its 200-day moving average is $54.39.

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

An institutional investor recently bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock. Community Bank N.A. bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 100,000 shares of the company’s stock, valued at approximately $5,668,000. Community Bank N.A. owned 0.92% of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund as of its most recent SEC filing.

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

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).