PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 1-Year Low – Time to Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price hit a new 52-week low on Friday. The company traded as low as $56.51 and last traded at $56.51, with a volume of 3820075 shares changing hands. The stock had previously closed at $57.64.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 0.4%

The stock has a fifty day moving average of $58.69 and a 200-day moving average of $61.51.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Abound Financial LLC acquired a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $4,910,000. Janney Montgomery Scott LLC increased its holdings 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. Legacy Financial Advisors Inc. acquired a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter valued at approximately $1,585,000. Sankala Group LLC bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth approximately $580,000. Finally, Oarsman Capital Inc. bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter worth approximately $266,000.

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. 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.