PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Up 1.5% – Should You Buy?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares were up 1.5% during trading on Monday . The company traded as high as $67.29 and last traded at $67.15. Approximately 652,891 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 589,842 shares. The stock had previously closed at $66.15.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 1.5%

The firm’s 50 day simple moving average is $65.51 and its two-hundred day simple moving average is $66.75.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Sankala Group LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth about $580,000. Abound Financial LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at $4,910,000. BNP Paribas Financial Markets bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at $2,848,000. Parallel Advisors LLC raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% during the 3rd quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock worth $116,000 after buying an additional 1,653 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 123,342 shares of the company’s stock worth $8,382,000 after purchasing an additional 2,787 shares in the last quarter.

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. The Index is an unmanaged index consisting of long-maturity separate trading of registered interest and principal of securities representing the final principal payment of the United States Treasury bonds with at least $1 billion in outstanding face value and a remaining term to final maturity greater than or equal to 25 years.