PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Gap Up – Time to Buy?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) gapped up prior to trading on Monday . The stock had previously closed at $70.46, but opened at $71.98. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund shares last traded at $71.56, with a volume of 87,795 shares traded.

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

The company has a 50-day moving average of $70.38 and a 200 day moving average of $73.43.

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

Several hedge funds have recently bought and sold shares of the stock. Confluence Investment Management LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth $14,155,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 654.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 101,919 shares of the company’s stock worth $6,994,000 after purchasing an additional 88,408 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 59.4% during the 4th quarter. Jones Financial Companies Lllp now owns 63,791 shares of the company’s stock valued at $4,377,000 after purchasing an additional 23,762 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 622.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 39,072 shares of the company’s stock valued at $2,681,000 after buying an additional 33,662 shares in the last quarter. Finally, Okabena Investment Services Inc. bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth approximately $1,985,000.

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.