PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sets New 52-Week Low – Here’s Why

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $65.13 and last traded at $65.13, with a volume of 168486 shares. The stock had previously closed at $65.72.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 0.8 %

The stock has a 50 day moving average of $72.56 and a 200 day moving average of $76.92.

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

Several large investors have recently added to or reduced their stakes in the business. FSA Wealth Management LLC purchased a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter worth $25,000. Private Trust Co. NA grew its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% during the third quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock valued at $351,000 after buying an additional 2,110 shares during the period. Great Lakes Retirement Inc. increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% during the third quarter. Great Lakes Retirement Inc. now owns 7,465 shares of the company’s stock worth $615,000 after buying an additional 2,943 shares during the last quarter. Hollencrest Capital Management grew its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% during the 2nd quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock valued at $735,000 after acquiring an additional 1,191 shares during the period. Finally, Confluence Investment Management LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 4th quarter worth approximately $14,155,000.

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.