PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Stock Price Up 0.3% – Time to Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report)’s stock price traded up 0.3% during mid-day trading on Tuesday . The stock traded as high as $51.50 and last traded at $51.41. 69,340 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 112,117 shares. The stock had previously closed at $51.28.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

The company’s 50-day simple moving average is $51.74 and its 200-day simple moving average is $52.45.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Atlas Capital Advisors Inc. increased its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 13.2% in the 1st quarter. Atlas Capital Advisors Inc. now owns 4,300 shares of the company’s stock worth $236,000 after purchasing an additional 500 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at $73,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 1,582.9% during the first quarter. Jones Financial Companies Lllp now owns 85,220 shares of the company’s stock valued at $4,385,000 after acquiring an additional 80,156 shares during the period. Institutional investors own 39.71% of the company’s stock.

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

(Get Free Report)

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).

See Also

Receive News & Ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.