PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Unusually-High Trading Volume – Should You Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw unusually-high trading volume on Wednesday . Approximately 348,220 shares changed hands during mid-day trading, an increase of 276% from the previous session’s volume of 92,490 shares.The stock last traded at $50.66 and had previously closed at $50.96.

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

The company has a fifty day simple moving average of $51.25 and a two-hundred day simple moving average of $52.02.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Greenline Partners LLC raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,190 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at about $235,000. WFA of San Diego LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% during the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 400 shares in the last quarter. Essential Partners LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after buying an additional 371 shares in the last quarter. Finally, Torren Management LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after buying an additional 3,633 shares in the last quarter. 39.71% of the stock is owned by institutional investors.

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

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). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.