PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Down 1.2% – Should You Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares fell 1.2% during trading on Monday . The stock traded as low as $60.17 and last traded at $60.25. Approximately 991,767 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 618,050 shares. The stock had previously closed at $60.96.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 1.2%

The stock’s 50-day simple moving average is $62.39 and its two-hundred day simple moving average is $63.83.

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

Several large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after purchasing an additional 1,187 shares in the last quarter. Parallel Advisors LLC lifted its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% in the third quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock worth $116,000 after purchasing an additional 1,653 shares during the period. Consilio Wealth Advisors LLC boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% during the fourth quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock worth $4,910,000 after buying an additional 5,496 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the second quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock worth $6,830,000 after buying an additional 5,605 shares in the last quarter. Finally, Sankala Group LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth $580,000.

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

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. The Index is an unmanaged index consisting of long-maturity separate trading of registered interest and principal of securities representing the final principal payment of the United States Treasury bonds with at least $1 billion in outstanding face value and a remaining term to final maturity greater than or equal to 25 years.