PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw strong trading volume on Tuesday . 466,202 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 368,944 shares.The stock last traded at $74.79 and had previously closed at $74.59.

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

The business’s 50-day simple moving average is $81.46 and its 200-day simple moving average is $77.43.

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

Hedge funds have recently made changes to their positions in the business. Great Lakes Retirement Inc. boosted its stake 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 purchasing an additional 2,943 shares in the last quarter. Hollencrest Capital Management raised its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% in the second quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock worth $735,000 after buying an additional 1,191 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% in the second quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock worth $1,344,000 after buying an additional 3,952 shares during the period. Finally, Timber Creek Capital Management LLC boosted its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 0.5% during the 2nd quarter. Timber Creek Capital Management LLC now owns 72,943 shares of the company’s stock valued at $5,477,000 after acquiring an additional 381 shares in the last quarter.

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.