PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Hits New 1-Year High at $52.85

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $52.85 and last traded at $52.80, with a volume of 11112 shares traded. The stock had previously closed at $52.78.

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

The stock has a 50 day simple moving average of $52.16 and a two-hundred day simple moving average of $51.68.

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

An institutional investor recently bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock. Canandaigua National Bank & Trust Co. bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,150 shares of the company’s stock, valued at approximately $214,000.

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.