PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Gap Up – Still a Buy?

Shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) gapped up before the market opened on Monday . The stock had previously closed at $67.90, but opened at $69.47. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund shares last traded at $69.87, with a volume of 108,724 shares traded.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 0.5 %

The business’s 50 day moving average price is $70.82 and its 200-day moving average price is $76.11.

Institutional Trading of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Several hedge funds have recently made changes to their positions in the business. Confluence Investment Management LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at approximately $14,155,000. Janney Montgomery Scott LLC boosted its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 622.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 39,072 shares of the company’s stock valued at $2,681,000 after purchasing an additional 33,662 shares during the period. EQ Wealth Advisors LLC acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth approximately $1,106,000. Bank of New York Mellon Corp purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the fourth quarter valued at approximately $268,000. Finally, Great Lakes Retirement Inc. boosted its holdings in shares of 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 acquiring an additional 2,943 shares during the period.

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.