Traders Buy PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ) on Weakness

Investors bought shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) on weakness during trading hours on Tuesday. $3.61 million flowed into the stock on the tick-up and $0.25 million flowed out of the stock on the tick-down, for a money net flow of $3.36 million into the stock. Of all stocks tracked, PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund had the 30th highest net in-flow for the day. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund traded down ($0.01) for the day and closed at $51.15

Several institutional investors and hedge funds have recently bought and sold shares of STPZ. Horan Capital Management purchased a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the second quarter worth approximately $122,000. Captrust Financial Advisors lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 51.4% during the second quarter. Captrust Financial Advisors now owns 4,715 shares of the company’s stock valued at $244,000 after purchasing an additional 1,600 shares in the last quarter. Synovus Financial Corp lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 42.0% during the second quarter. Synovus Financial Corp now owns 7,610 shares of the company’s stock valued at $394,000 after purchasing an additional 2,250 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 3.6% during the second quarter. Commonwealth Equity Services LLC now owns 73,870 shares of the company’s stock valued at $3,823,000 after purchasing an additional 2,535 shares in the last quarter. Finally, Live Your Vision LLC lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the second quarter. Live Your Vision LLC now owns 93,756 shares of the company’s stock valued at $4,837,000 after purchasing an additional 1,232 shares in the last quarter.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)

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.

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