PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Stock Breaks Below Fifty Day Moving Average – Should You Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $56.98 and traded as low as $56.52. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund shares last traded at $56.61, with a volume of 770,223 shares.

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

The company’s 50-day moving average is $56.98 and its 200-day moving average is $61.25.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Legacy Financial Advisors Inc. acquired a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at $1,585,000. Oarsman Capital Inc. purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter worth about $266,000. RPg Family Wealth Advisory LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at about $144,000. Harbour Investments Inc. acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 3rd quarter valued at about $80,000. Finally, Continuum Advisory LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter valued at approximately $30,000.

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.