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-strong trading volume on Monday . Approximately 108,158 shares changed hands during 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 Performance

The company has a 50-day simple moving average of $53.04 and a 200-day simple moving average of $54.99.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth approximately $479,000. Brown Brothers Harriman & Co. purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $615,000. Finally, Great Lakes Retirement Inc. lifted its stake 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 valued at $1,178,000 after buying an additional 8,289 shares in the last quarter.

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).