PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Trading Up 0.7% – Should You Buy?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price was up 0.7% on Thursday . The stock traded as high as $54.10 and last traded at $53.98. Approximately 122,090 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 58,343 shares. The stock had previously closed at $53.63.

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

The business’s 50-day simple moving average is $53.28 and its two-hundred day simple moving average is $52.78.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Ameriflex Group Inc. acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at $193,000. Summit Financial LLC increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.8% in the 4th quarter. Summit Financial LLC now owns 22,045 shares of the company’s stock valued at $1,154,000 after acquiring an additional 605 shares during the last quarter. TIAA Trust National Association raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 136.2% during the 4th quarter. TIAA Trust National Association now owns 488,640 shares of the company’s stock worth $25,555,000 after acquiring an additional 281,727 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 397.0% during the fourth quarter. Jones Financial Companies Lllp now owns 2,937 shares of the company’s stock worth $154,000 after purchasing an additional 2,346 shares during the last quarter. Finally, Arbor Investment Advisors LLC boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.7% in the fourth quarter. Arbor Investment Advisors LLC now owns 86,799 shares of the company’s stock valued at $4,540,000 after purchasing an additional 4,712 shares in the last quarter.

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

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.