PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Strong Trading Volume – Here’s Why

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw strong trading volume on Tuesday . 1,664,103 shares changed hands during mid-day trading, an increase of 171% from the previous session’s volume of 614,681 shares.The stock last traded at $57.3740 and had previously closed at $57.00.

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

The stock has a 50-day moving average of $61.14 and a 200 day moving average of $62.95.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% during the 3rd quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock worth $116,000 after buying an additional 1,653 shares during the last quarter. Sankala Group LLC 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 $580,000. JPMorgan Chase & Co. grew its holdings in shares of 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 during the period. BNP Paribas Financial Markets purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 3rd quarter valued at about $2,848,000. Finally, Janney Montgomery Scott LLC lifted its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after buying an additional 1,187 shares during 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. 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.