Parallel Advisors LLC Has $20.22 Million Stock Holdings in PIMCO Ultra Short Government Active ETF $BILZ

Parallel Advisors LLC boosted its position in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 148.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,802 shares of the company’s stock after buying an additional 119,424 shares during the period. Parallel Advisors LLC owned approximately 2.27% of PIMCO Ultra Short Government Active ETF worth $20,218,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. boosted its holdings in PIMCO Ultra Short Government Active ETF by 128.0% in the third quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Transce3nd LLC increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 238.6% during the second quarter. Transce3nd LLC now owns 430 shares of the company’s stock valued at $44,000 after acquiring an additional 303 shares in the last quarter. Trust Co. of Vermont acquired a new position in shares of PIMCO Ultra Short Government Active ETF during the third quarter worth approximately $58,000. CWM LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 185.0% during the third quarter. CWM LLC now owns 1,408 shares of the company’s stock worth $142,000 after purchasing an additional 914 shares during the period. Finally, Evolution Wealth Management Inc. bought a new position in shares of PIMCO Ultra Short Government Active ETF in the 2nd quarter worth $158,000.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

Shares of BILZ opened at $100.75 on Friday. The business’s fifty day moving average is $100.87 and its 200 day moving average is $100.94. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.69 and a 12-month high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

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

About PIMCO Ultra Short Government Active ETF

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.