PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Reaches New 52-Week Low – Should You Sell?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) reached a new 52-week low on Tuesday . The company traded as low as $69.02 and last traded at $69.08, with a volume of 55775 shares changing hands. The stock had previously closed at $69.85.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 1.0 %

The company has a 50-day moving average of $74.93 and a 200-day moving average of $77.96.

Institutional Trading of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

A number of hedge funds have recently bought and sold shares of ZROZ. FSA Wealth Management LLC purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at $25,000. Private Trust Co. NA lifted its stake in 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 purchasing an additional 2,110 shares during the last quarter. Great Lakes Retirement Inc. boosted its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% in the 3rd quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock worth $615,000 after purchasing an additional 2,943 shares in the last quarter. Hollencrest Capital Management increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% during the 2nd quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock valued at $735,000 after purchasing an additional 1,191 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% during the 2nd quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock valued at $1,344,000 after buying an additional 3,952 shares in the last quarter.

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.