PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 52-Week Low – Here’s Why

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s share price reached a new 52-week low on Tuesday . The company traded as low as $68.75 and last traded at $68.80, with a volume of 296076 shares traded. The stock had previously closed at $69.19.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 0.6 %

The stock’s fifty day simple moving average is $74.10 and its 200-day simple moving average is $77.70.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FSA Wealth Management LLC bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter worth about $25,000. Private Trust Co. NA increased its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% during the third quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock valued at $351,000 after acquiring an additional 2,110 shares during the period. Great Lakes Retirement Inc. raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% in the 3rd quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock valued at $615,000 after acquiring an additional 2,943 shares in the last quarter. Hollencrest Capital Management raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% in the 2nd quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock valued at $735,000 after acquiring an additional 1,191 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% in the 2nd quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock worth $1,344,000 after acquiring an additional 3,952 shares during the period.

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.