PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Unusually-High Trading Volume – Still a Buy?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZGet Free Report) saw unusually-high trading volume on Thursday . Approximately 780,615 shares traded hands during trading, an increase of 119% from the previous session’s volume of 356,756 shares.The stock last traded at $76.47 and had previously closed at $77.76.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 1.4 %

The stock’s fifty day simple moving average is $82.34 and its 200 day simple moving average is $77.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ZROZ. Hollencrest Capital Management raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% during the second quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock worth $735,000 after purchasing an additional 1,191 shares during the period. Wedbush Securities Inc. increased its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% during the 2nd quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock worth $1,344,000 after buying an additional 3,952 shares during the last quarter. Finally, Timber Creek Capital Management LLC raised its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 0.5% during the 2nd quarter. Timber Creek Capital Management LLC now owns 72,943 shares of the company’s stock valued at $5,477,000 after buying an additional 381 shares during the period.

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

(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.

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