PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Strong Trading Volume

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares saw unusually-strong trading volume on Thursday . Approximately 526,470 shares changed hands during trading, an increase of 89% from the previous session’s volume of 278,350 shares.The stock last traded at $74.06 and had previously closed at $74.93.

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

The business has a 50-day moving average of $74.04 and a two-hundred day moving average of $77.40.

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

Several institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc raised its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 142.9% during the fourth quarter. AdvisorNet Financial Inc now owns 510 shares of the company’s stock valued at $44,000 after purchasing an additional 300 shares during the period. Timber Creek Capital Management LLC increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 0.6% during the first quarter. Timber Creek Capital Management LLC now owns 72,562 shares of the company’s stock worth $5,751,000 after acquiring an additional 455 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 14,622 shares of the company’s stock worth $1,248,000 after acquiring an additional 970 shares in the last quarter. Private Trust Co. NA increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 151.0% during the fourth quarter. Private Trust Co. NA now owns 2,339 shares of the company’s stock worth $200,000 after acquiring an additional 1,407 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth about $135,000.

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.