PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Down 0.3% – Here’s Why

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) dropped 0.3% during mid-day trading on Friday . The stock traded as low as $64.89 and last traded at $65.22. Approximately 490,147 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 591,377 shares. The stock had previously closed at $65.44.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 0.3%

The company has a 50 day moving average of $62.76 and a 200-day moving average of $64.31.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.3% during the third 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. Sankala Group LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth $580,000. 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. Ameriprise Financial Inc. increased 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 during the period. Finally, Consilio Wealth Advisors LLC raised its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the 4th quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after purchasing an additional 5,496 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. 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.