PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Stock Price Down 2.3% – Should You Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price dropped 2.3% during trading on Tuesday . The stock traded as low as $73.30 and last traded at $73.56. Approximately 615,369 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 385,777 shares. The stock had previously closed at $75.33.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 2.3 %

The company has a 50 day moving average of $79.58 and a 200 day moving average of $77.73.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ZROZ. Timber Creek Capital Management LLC lifted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 0.5% in the second quarter. Timber Creek Capital Management LLC now owns 72,943 shares of the company’s stock worth $5,477,000 after acquiring an additional 381 shares in the last quarter. Wedbush Securities Inc. lifted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% in the second 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 in the last quarter. Hollencrest Capital Management lifted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% in the second quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock worth $735,000 after acquiring an additional 1,191 shares in the last quarter. Finally, Great Lakes Retirement Inc. increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% in the third quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock valued at $615,000 after buying an additional 2,943 shares during the last quarter.

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.