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

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shares saw unusually-high trading volume on Monday . Approximately 108,158 shares were traded during mid-day trading, an increase of 10% from the previous session’s volume of 97,956 shares.The stock last traded at $53.35 and had previously closed at $53.13.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 1.4 %

The stock has a fifty day moving average of $53.04 and a 200-day moving average of $54.99.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors have recently bought and sold shares of LTPZ. Great Lakes Retirement Inc. lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 68.5% in the 3rd quarter. Great Lakes Retirement Inc. now owns 20,393 shares of the company’s stock valued at $1,178,000 after purchasing an additional 8,289 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at about $615,000. Finally, Captrust Financial Advisors purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at about $479,000.

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).