PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Down 0.5% – Here’s Why

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) traded down 0.5% during trading on Friday . The stock traded as low as $62.36 and last traded at $62.65. 1,079,215 shares traded hands during trading, an increase of 82% from the average session volume of 593,281 shares. The stock had previously closed at $62.95.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 0.5%

The business has a 50-day moving average price of $62.69 and a two-hundred day moving average price of $64.69.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the 1st 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 bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter worth about $2,848,000. Creative Financial Designs Inc. ADV boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 123,342 shares of the company’s stock valued at $8,382,000 after acquiring an additional 2,787 shares during 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% in the second quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock valued at $6,830,000 after acquiring an additional 5,605 shares during the last quarter. Finally, Consilio Wealth Advisors LLC increased 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 during the last quarter.

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.