PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Reaches New 1-Year High at $58.89

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shares hit a new 52-week high on Tuesday . The company traded as high as $58.89 and last traded at $58.77, with a volume of 597 shares changing hands. The stock had previously closed at $58.71.

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

The firm has a 50-day moving average of $56.30 and a 200-day moving average of $54.94.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Aspect Partners LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth about $631,000. Atlas Capital Advisors LLC acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at approximately $205,000. Finally, Covestor Ltd boosted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.2% in the 1st quarter. Covestor Ltd now owns 2,575 shares of the company’s stock valued at $143,000 after acquiring an additional 196 shares during the last quarter.

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).