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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) shares gapped up prior to trading 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 trading hands.

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

The stock has a 50-day simple moving average of $70.96 and a two-hundred day simple moving average of $76.16.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. 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 about $25,000. Private Trust Co. NA boosted its stake in shares of 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 valued at $351,000 after purchasing an additional 2,110 shares during the period. Great Lakes Retirement Inc. grew 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 worth $615,000 after purchasing an additional 2,943 shares during the last quarter. EQ Wealth Advisors LLC purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the fourth quarter worth $1,106,000. Finally, Janney Montgomery Scott LLC raised its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 622.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 39,072 shares of the company’s stock valued at $2,681,000 after buying an additional 33,662 shares during 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.