PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Trading Up 0.8% – Should You Buy?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price was up 0.8% on Monday . The company traded as high as $72.51 and last traded at $71.68. Approximately 176,486 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 426,671 shares. The stock had previously closed at $71.13.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Up 0.8 %

The company’s fifty day simple moving average is $69.58 and its 200-day simple moving average is $74.24.

Institutional Investors Weigh In On 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. FSA Wealth Management LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter valued at $25,000. JPMorgan Chase & Co. boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 6.7% in the fourth quarter. JPMorgan Chase & Co. now owns 10,778 shares of the company’s stock worth $740,000 after acquiring an additional 677 shares in the last quarter. Private Trust Co. NA grew its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% during the third quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock worth $351,000 after acquiring an additional 2,110 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth about $268,000. Finally, EQ Wealth Advisors LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter valued at approximately $1,106,000.

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.