PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Trading Up 2.4% – What’s Next?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares were up 2.4% on Friday . The company traded as high as $70.66 and last traded at $70.71. Approximately 85,775 shares changed hands during trading, a decline of 80% from the average daily volume of 426,648 shares. The stock had previously closed at $69.09.

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

The business’s 50-day moving average price is $70.33 and its 200 day moving average price is $73.70.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 6.7% during the fourth quarter. JPMorgan Chase & Co. now owns 10,778 shares of the company’s stock worth $740,000 after acquiring an additional 677 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at about $268,000. Okabena Investment Services Inc. bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth approximately $1,985,000. Creative Financial Designs Inc. ADV boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 654.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 101,919 shares of the company’s stock worth $6,994,000 after acquiring an additional 88,408 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 59.4% in the 4th quarter. Jones Financial Companies Lllp now owns 63,791 shares of the company’s stock valued at $4,377,000 after buying an additional 23,762 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.