PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Hits New 52-Week Low – Here’s What Happened

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) reached a new 52-week low during trading on Thursday . The company traded as low as $51.16 and last traded at $51.54, with a volume of 138277 shares. The stock had previously closed at $51.34.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Up 0.4 %

The firm has a fifty day moving average price of $53.80 and a two-hundred day moving average price of $55.30.

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

A number of institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth about $479,000. Brown Brothers Harriman & Co. purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at about $615,000. Finally, Great Lakes Retirement Inc. grew its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 68.5% in the third quarter. Great Lakes Retirement Inc. now owns 20,393 shares of the company’s stock worth $1,178,000 after acquiring an additional 8,289 shares during the period.

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).