PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Stock Price Down 0% – Time to Sell?

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) fell 0% during mid-day trading on Tuesday . The company traded as low as $52.46 and last traded at $52.48. 45,272 shares changed hands during trading, a decline of 21% from the average session volume of 57,440 shares. The stock had previously closed at $52.50.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.1 %

The company has a 50 day moving average price of $52.56 and a 200-day moving average price of $52.10.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STPZ. TD Private Client Wealth LLC lifted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 68.7% during the third quarter. TD Private Client Wealth LLC now owns 6,270 shares of the company’s stock valued at $331,000 after purchasing an additional 2,554 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at about $214,000. Arbor Investment Advisors LLC boosted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 7.2% in the third quarter. Arbor Investment Advisors LLC now owns 82,087 shares of the company’s stock valued at $4,336,000 after acquiring an additional 5,526 shares during the period. TIAA Trust National Association boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.9% in the 2nd quarter. TIAA Trust National Association now owns 266,495 shares of the company’s stock valued at $13,762,000 after purchasing an additional 7,554 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at about $1,180,000.

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.