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:LTPZGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $50.80 and last traded at $50.99, with a volume of 132952 shares trading hands. The stock had previously closed at $51.10.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.2 %

The firm has a 50 day moving average of $53.51 and a two-hundred day moving average of $55.20.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Great Lakes Retirement Inc. raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 68.5% during 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 last quarter. Brown Brothers Harriman & Co. purchased 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 position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $479,000.

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).

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