PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Down 1.3% – Here’s Why

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) dropped 1.3% during trading on Tuesday . The company traded as low as $76.68 and last traded at $76.83. Approximately 558,051 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 387,966 shares. The stock had previously closed at $77.81.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 1.3 %

The stock has a 50-day simple moving average of $76.30 and a 200 day simple moving average of $77.91.

Institutional Inflows and Outflows

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

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.