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

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 486,248 shares were traded during mid-day trading, an increase of 466% from the previous session’s volume of 85,855 shares.The stock last traded at $55.25 and had previously closed at $55.74.

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

The firm has a 50-day simple moving average of $52.98 and a 200 day simple moving average of $54.81.

Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds have recently made changes to their positions in the stock. Hirtle Callaghan & Co LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth about $2,933,000. Brown Brothers Harriman & Co. bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $615,000. Captrust Financial Advisors bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $479,000. Jones Financial Companies Lllp raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 159.8% during the fourth quarter. Jones Financial Companies Lllp now owns 5,064 shares of the company’s stock worth $264,000 after acquiring an additional 3,115 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth about $198,000.

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

(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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