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

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

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.5 %

The stock has a 50 day moving average of $54.06 and a 200 day moving average of $54.39.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Atlas Capital Advisors Inc. purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter worth $198,000. Jones Financial Companies Lllp raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 159.8% in the fourth 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 in the last quarter. Captrust Financial Advisors purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $479,000. Finally, Hirtle Callaghan & Co LLC bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth about $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).