Parallel Advisors LLC Invests $6.78 Million in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ)

Parallel Advisors LLC bought a new stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 67,253 shares of the company’s stock, valued at approximately $6,780,000. Parallel Advisors LLC owned about 2.60% of PIMCO Ultra Short Government Active ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Beacon Capital Management LLC increased its position in shares of PIMCO Ultra Short Government Active ETF by 4.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,231,724 shares of the company’s stock worth $124,182,000 after acquiring an additional 49,670 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of PIMCO Ultra Short Government Active ETF by 149.2% during the 4th quarter. Allianz Asset Management GmbH now owns 1,038,821 shares of the company’s stock worth $104,734,000 after purchasing an additional 622,026 shares during the period. Access Financial Services Inc. acquired a new stake in shares of PIMCO Ultra Short Government Active ETF during the 4th quarter worth approximately $13,613,000. Commonwealth Equity Services LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 2.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 102,115 shares of the company’s stock worth $10,295,000 after purchasing an additional 2,504 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of PIMCO Ultra Short Government Active ETF by 112.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 86,270 shares of the company’s stock worth $8,732,000 after purchasing an additional 45,612 shares during the period.

PIMCO Ultra Short Government Active ETF Trading Up 0.0 %

Shares of PIMCO Ultra Short Government Active ETF stock opened at $101.05 on Monday. The business’s 50 day simple moving average is $101.01 and its 200-day simple moving average is $101.02. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.67 and a twelve month high of $101.24.

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.