PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Large Volume Increase – Here’s What Happened

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) shares saw an uptick in trading volume on Friday . Approximately 185,554 shares changed hands during trading, an increase of 227% from the previous session’s volume of 56,716 shares.The stock last traded at $52.84 and had previously closed at $52.84.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Price Performance

The stock has a fifty day moving average of $53.36 and a two-hundred day moving average of $53.80.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently made changes to their positions in STPZ. JPMorgan Chase & Co. boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after acquiring an additional 1,059 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter worth approximately $221,000. TD Private Client Wealth LLC lifted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% in the 4th quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock worth $978,000 after purchasing an additional 803 shares during the period. Captrust Financial Advisors lifted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in the 2nd quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after purchasing an additional 28,493 shares during the period. Finally, Arbor Investment Advisors LLC boosted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the 4th quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock valued at $5,073,000 after purchasing an additional 5,795 shares during the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.