PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sets New 1-Year Low – Here’s Why

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) reached a new 52-week low on Friday . The company traded as low as $51.87 and last traded at $51.92, with a volume of 53493 shares traded. The stock had previously closed at $52.07.

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

The business’s fifty day moving average price is $54.07 and its two-hundred day moving average price is $55.40.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Great Lakes Retirement Inc. raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 68.5% in the 3rd quarter. Great Lakes Retirement Inc. now owns 20,393 shares of the company’s stock worth $1,178,000 after purchasing an additional 8,289 shares during the period. Brown Brothers Harriman & Co. acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth $615,000. Finally, Captrust Financial Advisors acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $479,000.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

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).