PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Strong Trading Volume – Still a Buy?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares saw an uptick in trading volume on Friday . 716,695 shares changed hands during trading, an increase of 80% from the previous session’s volume of 397,163 shares.The stock last traded at $65.74 and had previously closed at $66.34.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 1.0%

The company has a fifty day simple moving average of $67.76 and a two-hundred day simple moving average of $66.49.

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 ZROZ. Creative Financial Designs Inc. ADV boosted its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 18.3% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 120,555 shares of the company’s stock valued at $8,086,000 after purchasing an additional 18,611 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 70.1% in the second quarter. Janney Montgomery Scott LLC now owns 66,307 shares of the company’s stock worth $4,447,000 after buying an additional 27,331 shares during the period. Farther Finance Advisors LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter valued at approximately $158,000. Okabena Investment Services Inc. increased its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 10.6% during the 1st quarter. Okabena Investment Services Inc. now owns 31,977 shares of the company’s stock worth $2,291,000 after buying an additional 3,053 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the third quarter worth about $2,848,000.

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.