PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 1-Year Low – What’s Next?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) hit a new 52-week low during trading on Tuesday . The stock traded as low as $69.02 and last traded at $69.08, with a volume of 55775 shares. The stock had previously closed at $69.85.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Performance

The business’s fifty day moving average price is $74.93 and its 200 day moving average price is $77.96.

Institutional Investors Weigh In On PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Hedge funds have recently added to or reduced their stakes in the business. FSA Wealth Management LLC bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter worth about $25,000. Private Trust Co. NA grew its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% in the third quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock valued at $351,000 after acquiring an additional 2,110 shares during the period. Great Lakes Retirement Inc. increased its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% during the third quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock valued at $615,000 after acquiring an additional 2,943 shares in the last quarter. Hollencrest Capital Management raised its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% during the second quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock worth $735,000 after purchasing an additional 1,191 shares during the period. Finally, Wedbush Securities Inc. grew its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% in the 2nd quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock valued at $1,344,000 after purchasing an additional 3,952 shares during the period.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Company Profile

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF, formerly PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund ETF, is an exchange-traded fund. The Fund seeks to provide total return that closely corresponds to the total return of The BofA Merrill Lynch Long US Treasury Principal STRIPS Index (the Index) by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the Index.