PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Large Volume Increase – What’s Next?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZGet Free Report) saw an uptick in trading volume on Tuesday . 1,664,103 shares changed hands during mid-day trading, an increase of 171% from the previous session’s volume of 614,681 shares.The stock last traded at $57.3740 and had previously closed at $57.00.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Up 0.7%

The company has a 50-day moving average of $61.30 and a two-hundred day moving average of $63.04.

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

A number of institutional investors have recently bought and sold shares of ZROZ. Ameriprise Financial Inc. grew its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the second quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock worth $6,830,000 after purchasing an additional 5,605 shares in the last quarter. Consilio Wealth Advisors LLC increased its holdings in shares of 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 worth $4,910,000 after buying an additional 5,496 shares during the last quarter. Abound Financial LLC bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $4,910,000. Janney Montgomery Scott LLC raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after buying an additional 1,187 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 in the third quarter valued at $2,848,000.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Company Profile

(Get Free Report)

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.

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