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

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw an uptick in trading volume on Tuesday . 89,934 shares traded hands during mid-day trading, a decline of 32% from the previous session’s volume of 131,715 shares.The stock last traded at $53.61 and had previously closed at $53.62.

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

The firm’s 50-day simple moving average is $54.85 and its 200-day simple moving average is $55.59.

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

Large investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd 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 3rd quarter valued at $479,000. Great Lakes Retirement Inc. raised its position in 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 worth $1,178,000 after purchasing an additional 8,289 shares during the period. Finally, Atlas Capital Advisors LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the second quarter worth $205,000.

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

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).