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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZGet Free Report) saw an uptick in trading volume on Tuesday . Approximately 1,664,103 shares traded hands during 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 Stock Performance

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

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

Several institutional investors have recently bought and sold shares of ZROZ. JPMorgan Chase & Co. grew its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 104.6% during the second quarter. JPMorgan Chase & Co. now owns 18,825 shares of the company’s stock valued at $1,263,000 after buying an additional 9,623 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings 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 valued at $6,830,000 after purchasing an additional 5,605 shares in the last quarter. Parallel Advisors LLC lifted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% during the 3rd quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock valued at $116,000 after acquiring an additional 1,653 shares during the period. BNP Paribas Financial Markets purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter worth approximately $2,848,000. Finally, Consilio Wealth Advisors LLC boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the fourth quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock worth $4,910,000 after purchasing an additional 5,496 shares during the last quarter.

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.

Recommended Stories

Receive News & Ratings for PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.