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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZGet Free Report) hit a new 52-week low 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 stock has a 50-day moving average price of $61.49 and a 200-day moving average price of $63.14.

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

Several large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock worth $2,878,000 after buying an additional 1,187 shares during the last quarter. Parallel Advisors LLC raised its holdings in 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. Consilio Wealth Advisors LLC raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the 4th quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after acquiring an additional 5,496 shares during the period. Ameriprise Financial Inc. lifted its position 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 acquiring an additional 5,605 shares during the last quarter. Finally, Sankala Group LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $580,000.

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

(Get Free Report)

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.

Further Reading

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