Parallel Advisors LLC Cuts Stock Holdings in PIMCO Ultra Short Government Active ETF $BILZ

Parallel Advisors LLC lowered its position in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 32.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 134,414 shares of the company’s stock after selling 65,388 shares during the period. Parallel Advisors LLC’s holdings in PIMCO Ultra Short Government Active ETF were worth $13,544,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Evolution Wealth Management Inc. boosted its stake in PIMCO Ultra Short Government Active ETF by 4.9% in the fourth quarter. Evolution Wealth Management Inc. now owns 3,823 shares of the company’s stock worth $385,000 after buying an additional 177 shares in the last quarter. Visionary Wealth Advisors lifted its position in PIMCO Ultra Short Government Active ETF by 7.5% in the second quarter. Visionary Wealth Advisors now owns 3,968 shares of the company’s stock valued at $402,000 after purchasing an additional 278 shares during the last quarter. Financial Connections Group Inc. lifted its position in PIMCO Ultra Short Government Active ETF by 6.7% in the fourth quarter. Financial Connections Group Inc. now owns 7,308 shares of the company’s stock valued at $736,000 after purchasing an additional 456 shares during the last quarter. MML Investors Services LLC lifted its position in PIMCO Ultra Short Government Active ETF by 4.3% in the second quarter. MML Investors Services LLC now owns 13,766 shares of the company’s stock valued at $1,393,000 after purchasing an additional 568 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in PIMCO Ultra Short Government Active ETF by 18.5% in the third quarter. Private Advisor Group LLC now owns 8,837 shares of the company’s stock valued at $894,000 after purchasing an additional 1,381 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

Shares of BILZ stock opened at $100.68 on Friday. PIMCO Ultra Short Government Active ETF has a fifty-two week low of $100.65 and a fifty-two week high of $101.25. The stock has a 50 day moving average price of $100.82 and a two-hundred day moving average price of $100.86.

PIMCO Ultra Short Government Active ETF Company Profile

The PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in treasury bills and notes, repurchase agreements, and cash collateralized by the US government. Securities selected have a maximum maturity of six months. BILZ was launched on Jun 21, 2023 and is managed by PIMCO.