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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price rose 0.3% on Tuesday . The company traded as high as $59.28 and last traded at $59.04. 442,961 shares were traded during trading, a decline of 32% from the average session volume of 647,979 shares. The stock had previously closed at $58.88.

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

The company’s fifty day simple moving average is $59.59 and its 200-day simple moving average is $62.32.

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

Institutional investors have recently bought and sold shares of the company. Continuum Advisory LLC acquired a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter valued at approximately $30,000. Parallel Advisors LLC boosted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% in the third quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock worth $116,000 after acquiring an additional 1,653 shares during the last quarter. RPg Family Wealth Advisory LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter worth approximately $144,000. Oarsman Capital Inc. purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter worth approximately $266,000. Finally, Sankala Group LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $580,000.

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.