PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Shares Up 2.4% – Here’s What Happened

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ)’s stock price was up 2.4% during trading on Friday . The stock traded as high as $70.66 and last traded at $70.71. Approximately 85,775 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 426,648 shares. The stock had previously closed at $69.09.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Trading Up 2.2 %

The firm has a fifty day moving average price of $70.33 and a 200 day moving average price of $73.70.

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

Several institutional investors have recently added to or reduced their stakes in ZROZ. Private Trust Co. NA lifted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 98.1% in the third quarter. Private Trust Co. NA now owns 4,261 shares of the company’s stock worth $351,000 after acquiring an additional 2,110 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 3rd quarter valued at approximately $25,000. Confluence Investment Management LLC acquired a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter worth $14,155,000. Janney Montgomery Scott LLC lifted its stake 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 worth $2,681,000 after acquiring an additional 33,662 shares during the period. Finally, EQ Wealth Advisors LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at approximately $1,106,000.

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.