PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Stock Price Up 0.2% – Still a Buy?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report)’s share price was up 0.2% during mid-day trading on Wednesday . The stock traded as high as $52.40 and last traded at $52.40. Approximately 24,981 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 65,536 shares. The stock had previously closed at $52.31.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2 %

The firm’s 50 day moving average is $52.41 and its 200 day moving average is $52.29.

Hedge Funds Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently modified their holdings of STPZ. TD Private Client Wealth LLC increased its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 68.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 6,270 shares of the company’s stock valued at $331,000 after purchasing an additional 2,554 shares during the period. Flow Traders U.S. LLC bought a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at approximately $1,180,000. Kovitz Investment Group Partners LLC purchased a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $1,916,000. Finally, Arbor Investment Advisors LLC boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 7.2% in the third quarter. Arbor Investment Advisors LLC now owns 82,087 shares of the company’s stock valued at $4,336,000 after acquiring an additional 5,526 shares in the last quarter.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

(Get Free Report)

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.

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