PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Large Increase in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 37,479 shares, a growth of 568.1% from the February 12th total of 5,610 shares. Based on an average trading volume of 337,290 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 337,290 shares, the short-interest ratio is presently 0.1 days.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

NYSEARCA BILZ traded up $0.01 during trading hours on Wednesday, reaching $100.78. 34,574 shares of the stock traded hands, compared to its average volume of 298,203. The stock has a 50 day simple moving average of $100.86 and a two-hundred day simple moving average of $100.94. PIMCO Ultra Short Government Active ETF has a 1 year low of $100.69 and a 1 year high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of hedge funds have recently made changes to their positions in BILZ. Allianz Asset Management GmbH grew its holdings in shares of PIMCO Ultra Short Government Active ETF by 15.5% during the 4th quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock valued at $93,593,000 after purchasing an additional 124,901 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of PIMCO Ultra Short Government Active ETF by 12.3% during the fourth quarter. Captrust Financial Advisors now owns 715,422 shares of the company’s stock valued at $72,089,000 after buying an additional 78,314 shares during the last quarter. Summit Financial Wealth Advisors LLC increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 32.2% in the fourth quarter. Summit Financial Wealth Advisors LLC now owns 276,822 shares of the company’s stock worth $27,894,000 after buying an additional 67,434 shares during the period. Walled Lake Planning & Wealth Management LLC lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 5.2% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 264,153 shares of the company’s stock valued at $26,617,000 after acquiring an additional 13,097 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in PIMCO Ultra Short Government Active ETF by 148.6% during the 3rd quarter. Parallel Advisors LLC now owns 199,802 shares of the company’s stock valued at $20,218,000 after acquiring an additional 119,424 shares during the period.

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.