PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Hits New 1-Year Low – Time to Sell?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price hit a new 52-week low on Monday . The company traded as low as $67.67 and last traded at $67.82, with a volume of 73565 shares traded. The stock had previously closed at $68.18.

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

The company’s 50-day simple moving average is $73.28 and its 200-day simple moving average is $77.25.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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 raised its holdings 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 worth $351,000 after purchasing an additional 2,110 shares in the last quarter. Great Lakes Retirement Inc. lifted its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 65.1% in the third 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 during the period. Hollencrest Capital Management boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 13.8% in the 2nd quarter. Hollencrest Capital Management now owns 9,792 shares of the company’s stock valued at $735,000 after purchasing an additional 1,191 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 28.3% in the 2nd quarter. Wedbush Securities Inc. now owns 17,896 shares of the company’s stock valued at $1,344,000 after purchasing an additional 3,952 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.