Parallel Advisors LLC Sells 65,388 Shares of PIMCO Ultra Short Government Active ETF $BILZ

Parallel Advisors LLC cut its stake in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 32.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 134,414 shares of the company’s stock after selling 65,388 shares during the period. Parallel Advisors LLC owned 1.44% of PIMCO Ultra Short Government Active ETF worth $13,544,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Captrust Financial Advisors increased its position in shares of PIMCO Ultra Short Government Active ETF by 45.2% during the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock valued at $64,469,000 after buying an additional 198,265 shares during the period. Authentikos Wealth Advisory LLC increased its position in shares of PIMCO Ultra Short Government Active ETF by 24.8% during the third quarter. Authentikos Wealth Advisory LLC now owns 73,313 shares of the company’s stock valued at $7,419,000 after buying an additional 14,590 shares during the period. Key Capital Management INC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the fourth quarter valued at about $718,000. Boomfish Wealth Group LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the fourth quarter valued at about $1,497,000. Finally, Summit Financial Wealth Advisors LLC increased its position in shares of PIMCO Ultra Short Government Active ETF by 32.2% during the fourth quarter. Summit Financial Wealth Advisors LLC now owns 276,822 shares of the company’s stock valued at $27,894,000 after buying an additional 67,434 shares during the period.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

Shares of BILZ opened at $100.68 on Friday. The business’s 50-day moving average price is $100.82 and its 200-day moving average price is $100.86. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.65 and a twelve month 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.