PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Trading Up 2.4% – Still a Buy?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shot up 2.4% during mid-day trading on Friday . The company traded as high as $74.45 and last traded at $73.82. 92,165 shares were traded during trading, a decline of 79% from the average session volume of 433,098 shares. The stock had previously closed at $72.10.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Up 2.1 %

The firm has a 50-day simple moving average of $70.83 and a 200-day simple moving average of $73.04.

Institutional Inflows and Outflows

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

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.