PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 12-Month Low – Time to Sell?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $58.72 and last traded at $58.9940, with a volume of 499575 shares trading hands. The stock had previously closed at $60.93.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Down 3.1%

The firm has a 50-day simple moving average of $62.32 and a two-hundred day simple moving average of $63.66.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZROZ. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock worth $2,878,000 after buying an additional 1,187 shares in the last quarter. Sankala Group LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $580,000. Abound Financial LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth approximately $4,910,000. Consilio Wealth Advisors LLC raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the 4th quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after acquiring an additional 5,496 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter worth $2,848,000.

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. 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.