PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Trading Up 1.5% – Time to Buy?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price traded up 1.5% during mid-day trading on Monday . The stock traded as high as $67.29 and last traded at $67.15. 652,891 shares traded hands during trading, an increase of 11% from the average session volume of 589,842 shares. The stock had previously closed at $66.15.

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

The business has a 50-day moving average of $65.51 and a 200 day moving average of $66.75.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV grew its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 123,342 shares of the company’s stock worth $8,382,000 after acquiring an additional 2,787 shares during the period. Ameriprise Financial Inc. raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock valued at $6,830,000 after acquiring an additional 5,605 shares during the period. Jones Financial Companies Lllp raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 1.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 87,817 shares of the company’s stock valued at $5,922,000 after acquiring an additional 1,257 shares during the period. Abound Financial LLC bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth about $4,910,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter worth about $2,848,000.

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. The Index is an unmanaged index consisting of long-maturity separate trading of registered interest and principal of securities representing the final principal payment of the United States Treasury bonds with at least $1 billion in outstanding face value and a remaining term to final maturity greater than or equal to 25 years.