PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Reaches New 12-Month Low – Here’s What Happened

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $65.13 and last traded at $65.13, with a volume of 168486 shares changing hands. The stock had previously closed at $65.72.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 0.5 %

The business’s 50-day moving average price is $72.22 and its 200-day moving average price is $76.78.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Confluence Investment Management LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth $14,155,000. Hollencrest Capital Management boosted its stake 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 worth $735,000 after acquiring an additional 1,191 shares in the last quarter. Great Lakes Retirement Inc. increased its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% during the 3rd quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock valued at $615,000 after acquiring an additional 2,943 shares during the last quarter. Private Trust Co. NA raised its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% in the 3rd quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock valued at $351,000 after acquiring an additional 2,110 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 3rd quarter worth approximately $25,000.

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.