PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 1-Year Low – Here’s What Happened

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $58.72 and last traded at $58.9940, with a volume of 499575 shares traded. The stock had previously closed at $60.93.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 3.1%

The company’s 50 day moving average is $62.32 and its 200 day moving average is $63.66.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings 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 purchasing an additional 1,187 shares during the last quarter. Parallel Advisors LLC grew its holdings 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 valued at $116,000 after purchasing an additional 1,653 shares during the last quarter. Consilio Wealth Advisors LLC increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the fourth quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after buying 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 2nd 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 in the last quarter. Finally, Sankala Group LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the fourth quarter valued at about $580,000.

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.