Royal Bank of Canada Has $10.96 Million Stock Position in PIMCO Ultra Short Government Active ETF $BILZ

Royal Bank of Canada grew its position in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 25.6% in the first quarter, Holdings Channel.com reports. The fund owned 108,517 shares of the company’s stock after buying an additional 22,116 shares during the period. Royal Bank of Canada’s holdings in PIMCO Ultra Short Government Active ETF were worth $10,957,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Sei Investments Co. bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the second quarter valued at approximately $813,000. Jane Street Group LLC lifted its position in PIMCO Ultra Short Government Active ETF by 1,857.8% in the second quarter. Jane Street Group LLC now owns 65,645 shares of the company’s stock worth $6,643,000 after purchasing an additional 62,292 shares during the period. MML Investors Services LLC boosted its stake in PIMCO Ultra Short Government Active ETF by 4.3% during the second quarter. MML Investors Services LLC now owns 13,766 shares of the company’s stock worth $1,393,000 after buying an additional 568 shares in the last quarter. Visionary Wealth Advisors increased its holdings in PIMCO Ultra Short Government Active ETF by 7.5% in the 2nd quarter. Visionary Wealth Advisors now owns 3,968 shares of the company’s stock valued at $402,000 after buying an additional 278 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of PIMCO Ultra Short Government Active ETF by 67.7% in the 2nd quarter. Captrust Financial Advisors now owns 438,843 shares of the company’s stock valued at $44,411,000 after buying an additional 177,153 shares in the last quarter.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of BILZ stock opened at $100.73 on Friday. The firm has a fifty day moving average of $100.79 and a 200-day moving average of $100.83. PIMCO Ultra Short Government Active ETF has a 52-week low of $100.63 and a 52-week high of $101.25.

PIMCO Ultra Short Government Active ETF 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.