PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Significant Drop in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,069 shares, a decrease of 71.7% from the July 30th total of 17,940 shares. Based on an average daily trading volume, of 226,189 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of PIMCO Ultra Short Government Active ETF

A number of institutional investors have recently bought and sold shares of BILZ. Allianz Asset Management GmbH increased its position in PIMCO Ultra Short Government Active ETF by 15.5% in the 4th quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock worth $93,593,000 after purchasing an additional 124,901 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of 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 buying an additional 78,314 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its stake in shares of PIMCO Ultra Short Government Active ETF by 9.4% in the 1st quarter. Summit Financial Wealth Advisors LLC now owns 302,867 shares of the company’s stock valued at $30,580,000 after buying an additional 26,045 shares in the last quarter. SMART Wealth LLC grew its stake in shares of 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 buying an additional 134,910 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC increased its holdings in PIMCO Ultra Short Government Active ETF by 5.7% in the first quarter. Walled Lake Planning & Wealth Management LLC now owns 279,132 shares of the company’s stock worth $28,184,000 after buying an additional 14,979 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

Shares of NYSEARCA:BILZ traded up $0.02 during trading on Friday, reaching $100.93. 146,126 shares of the company traded hands, compared to its average volume of 247,600. The firm has a fifty day simple moving average of $100.81 and a 200 day simple moving average of $100.82. PIMCO Ultra Short Government Active ETF has a 1-year low of $100.63 and a 1-year high of $101.25.

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.