PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Reaches New 12-Month High – Still a Buy?

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $52.99 and last traded at $52.99, with a volume of 8967 shares. The stock had previously closed at $52.83.

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

The firm has a fifty day simple moving average of $52.48 and a 200 day simple moving average of $52.42.

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

Institutional investors have recently added to or reduced their stakes in the stock. Arbor Investment Advisors LLC raised its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.7% in the 4th quarter. Arbor Investment Advisors LLC now owns 86,799 shares of the company’s stock valued at $4,540,000 after purchasing an additional 4,712 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 68.7% in the third quarter. TD Private Client Wealth LLC now owns 6,270 shares of the company’s stock worth $331,000 after buying an additional 2,554 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $1,916,000. Finally, Flow Traders U.S. LLC acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at about $1,180,000.

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

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.