PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Trading Up 2.4% – What’s Next?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares rose 2.4% on Friday . The company traded as high as $70.66 and last traded at $70.71. Approximately 85,775 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 426,648 shares. The stock had previously closed at $69.09.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 2.0 %

The company’s fifty day moving average price is $70.38 and its two-hundred day moving average price is $73.51.

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

A number of large investors have recently added to or reduced their stakes in the company. Confluence Investment Management LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the fourth quarter valued at about $14,155,000. Creative Financial Designs Inc. ADV raised its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 654.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 101,919 shares of the company’s stock valued at $6,994,000 after buying an additional 88,408 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 622.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 39,072 shares of the company’s stock valued at $2,681,000 after acquiring an additional 33,662 shares in the last quarter. Okabena Investment Services Inc. bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at approximately $1,985,000. Finally, Jones Financial Companies Lllp boosted its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 59.4% during the 4th quarter. Jones Financial Companies Lllp now owns 63,791 shares of the company’s stock worth $4,377,000 after acquiring an additional 23,762 shares during the last quarter.

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.