PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Strong Trading Volume – Here’s What Happened

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw an uptick in trading volume on Friday . 139,811 shares traded hands during trading, an increase of 2% from the previous session’s volume of 136,441 shares.The stock last traded at $56.26 and had previously closed at $55.98.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.3 %

The stock has a fifty day moving average of $57.06 and a 200 day moving average of $55.22.

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

Institutional investors have recently bought and sold shares of the stock. Covestor Ltd increased its stake in 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 worth $143,000 after acquiring an additional 196 shares during the last quarter. Aspect Partners LLC grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.4% in the second quarter. Aspect Partners LLC now owns 12,081 shares of the company’s stock valued at $653,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Atlas Capital Advisors LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the second quarter worth $205,000.

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).