PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Stock Price Down 0.1% – Time to Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s stock price dropped 0.1% on Tuesday . The company traded as low as $52.23 and last traded at $52.29. Approximately 14,678 shares were traded during trading, a decline of 74% from the average daily volume of 55,907 shares. The stock had previously closed at $52.32.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Price Performance

The firm’s 50 day moving average price is $52.58 and its two-hundred day moving average price is $51.98.

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

Hedge funds have recently made changes to their positions in the stock. TIAA Trust National Association boosted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.4% in the 1st quarter. TIAA Trust National Association now owns 258,941 shares of the company’s stock worth $13,335,000 after purchasing an additional 3,490 shares during the period. Canandaigua National Bank & Trust Co. purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the second quarter worth about $214,000. Finally, Arbor Investment Advisors LLC boosted its position in shares of 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 during the period.

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

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.