Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Decreases By 74.3%

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZGet Free Report) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 9,636 shares, a decline of 74.3% from the February 26th total of 37,479 shares. Based on an average daily trading volume, of 407,393 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 407,393 shares, the short-interest ratio is presently 0.0 days.

PIMCO Ultra Short Government Active ETF Stock Performance

NYSEARCA:BILZ traded up $0.01 during mid-day trading on Wednesday, hitting $100.90. 139,199 shares of the company’s stock traded hands, compared to its average volume of 323,409. The firm’s 50 day simple moving average is $100.86 and its 200 day simple moving average is $100.92. PIMCO Ultra Short Government Active ETF has a 1 year low of $100.69 and a 1 year high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. FSR Wealth Management Ltd. increased its stake in PIMCO Ultra Short Government Active ETF by 34.8% in the third quarter. FSR Wealth Management Ltd. now owns 43,828 shares of the company’s stock valued at $4,435,000 after purchasing an additional 11,307 shares during the last quarter. Base Wealth Management LLC acquired a new stake in PIMCO Ultra Short Government Active ETF in the 2nd quarter worth about $5,772,000. ABLE Financial Group LLC boosted its stake in PIMCO Ultra Short Government Active ETF by 246.5% in the 3rd quarter. ABLE Financial Group LLC now owns 35,079 shares of the company’s stock worth $3,550,000 after buying an additional 24,956 shares during the last quarter. Bridgewealth Advisory Group LLC grew its holdings in PIMCO Ultra Short Government Active ETF by 15.5% in the 3rd quarter. Bridgewealth Advisory Group LLC now owns 97,856 shares of the company’s stock valued at $9,902,000 after buying an additional 13,119 shares during the period. Finally, Farther Finance Advisors LLC acquired a new position in shares of PIMCO Ultra Short Government Active ETF during the 3rd quarter valued at about $1,792,000.

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.

Further Reading

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