Parallel Advisors LLC Acquires 105,824 Shares of PIMCO Ultra Short Government Active ETF $BILZ

Parallel Advisors LLC increased its holdings in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 78.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 240,238 shares of the company’s stock after acquiring an additional 105,824 shares during the quarter. Parallel Advisors LLC’s holdings in PIMCO Ultra Short Government Active ETF were worth $24,257,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Key Capital Management INC acquired a new position in PIMCO Ultra Short Government Active ETF in the 4th quarter valued at approximately $718,000. Silverlake Wealth Management LLC acquired a new position in shares of PIMCO Ultra Short Government Active ETF during the fourth quarter worth $603,000. Trajan Wealth LLC lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 19.3% during the fourth quarter. Trajan Wealth LLC now owns 60,698 shares of the company’s stock worth $6,116,000 after purchasing an additional 9,826 shares during the period. WCG Wealth Advisors LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF in the fourth quarter worth $1,368,000. Finally, Boomfish Wealth Group LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF in the fourth quarter worth $1,497,000.

PIMCO Ultra Short Government Active ETF Stock Performance

NYSEARCA BILZ opened at $100.82 on Monday. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.63 and a twelve month high of $101.25. The stock has a fifty day simple moving average of $100.80 and a 200 day simple moving average of $100.83.

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.