PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Volume Increase – Still a Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shares saw unusually-strong trading volume on Monday . Approximately 856,135 shares were traded during mid-day trading, an increase of 619% from the previous session’s volume of 119,012 shares.The stock last traded at $53.28 and had previously closed at $54.70.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 3.1 %

The firm’s fifty day moving average price is $54.09 and its 200-day moving average price is $54.28.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth approximately $479,000. Jones Financial Companies Lllp increased its holdings 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 valued at $264,000 after buying an additional 3,115 shares in the last quarter. Hirtle Callaghan & Co LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at $2,933,000. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth $198,000.

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).