Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Declines By 71.7%

by · The Markets Daily

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 5,069 shares, a decline of 71.7% from the July 30th total of 17,940 shares. Based on an average daily volume of 226,189 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

NYSEARCA BILZ traded up $0.02 during mid-day trading on Friday, hitting $100.93. The stock had a trading volume of 146,226 shares, compared to its average volume of 247,600. The firm’s 50 day moving average is $100.81 and its 200 day moving average is $100.82. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.63 and a twelve month high of $101.25.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of hedge funds have recently modified their holdings of BILZ. Allianz Asset Management GmbH lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 15.5% in the fourth quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock worth $93,593,000 after buying an additional 124,901 shares in the last quarter. Captrust Financial Advisors grew its stake in PIMCO Ultra Short Government Active ETF by 12.3% during the 4th quarter. Captrust Financial Advisors now owns 715,422 shares of the company’s stock valued at $72,089,000 after acquiring an additional 78,314 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its stake in PIMCO Ultra Short Government Active ETF by 9.4% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 302,867 shares of the company’s stock valued at $30,580,000 after acquiring an additional 26,045 shares in the last quarter. SMART Wealth LLC raised its holdings in PIMCO Ultra Short Government Active ETF by 88.4% in the 2nd quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock valued at $29,015,000 after acquiring an additional 134,910 shares during the last quarter. Finally, Walled Lake Planning & Wealth Management LLC raised its holdings in PIMCO Ultra Short Government Active ETF by 5.7% in the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 279,132 shares of the company’s stock valued at $28,184,000 after acquiring an additional 14,979 shares during the last quarter.

About PIMCO Ultra Short Government Active ETF

(Get Free Report)

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.

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