PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Reaches New 52-Week Low – Should You Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $60.50 and last traded at $60.2550, with a volume of 64528 shares. The stock had previously closed at $61.76.

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

The business has a fifty day moving average of $63.74 and a 200-day moving average of $65.45.

Institutional Trading of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

A number of institutional investors have recently added to or reduced their stakes in ZROZ. Abound Financial LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth about $4,910,000. BNP Paribas Financial Markets purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter worth about $2,848,000. JPMorgan Chase & Co. lifted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 104.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,825 shares of the company’s stock worth $1,263,000 after purchasing an additional 9,623 shares in the last quarter. Sankala Group LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth about $580,000. Finally, Ameriprise Financial Inc. lifted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock worth $6,830,000 after purchasing an additional 5,605 shares in 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. 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.