PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Trading Up 1.4% – What’s Next?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ)’s stock price was up 1.4% on Friday . The company traded as high as $55.54 and last traded at $55.53. Approximately 84,827 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 115,210 shares. The stock had previously closed at $54.75.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.1 %

The stock has a fifty day moving average of $54.10 and a 200-day moving average of $54.34.

Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of large investors have recently modified their holdings of LTPZ. Atlas Capital Advisors Inc. bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at about $198,000. Jones Financial Companies Lllp grew its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 159.8% during the 4th quarter. Jones Financial Companies Lllp now owns 5,064 shares of the company’s stock worth $264,000 after buying an additional 3,115 shares during the period. Captrust Financial Advisors bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth approximately $479,000. Finally, Hirtle Callaghan & Co LLC acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $2,933,000.

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).