PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Reaches New 52-Week Low – What’s Next?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) hit a new 52-week low during trading on Friday . The company traded as low as $57.67 and last traded at $57.69, with a volume of 261393 shares traded. The stock had previously closed at $58.67.

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

The business’s 50-day moving average is $61.49 and its two-hundred day moving average is $63.14.

Institutional Trading of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Consilio Wealth Advisors LLC raised its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% during the 4th quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock worth $4,910,000 after purchasing an additional 5,496 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 during the last quarter. Janney Montgomery Scott LLC raised its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock worth $2,878,000 after acquiring an additional 1,187 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at $2,848,000. Finally, Parallel Advisors LLC grew its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% in the 3rd quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock valued at $116,000 after acquiring an additional 1,653 shares during the period.

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.