Essex Financial Services Inc. Has $8.88 Million Stake in PIMCO Ultra Short Government Active ETF $BILZ

Essex Financial Services Inc. increased its stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 8.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,980 shares of the company’s stock after acquiring an additional 6,564 shares during the quarter. Essex Financial Services Inc. owned 0.99% of PIMCO Ultra Short Government Active ETF worth $8,883,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BILZ. Captrust Financial Advisors increased its stake in PIMCO Ultra Short Government Active ETF by 45.2% in the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock valued at $64,469,000 after purchasing an additional 198,265 shares in the last quarter. SMART Wealth LLC grew its stake in shares of PIMCO Ultra Short Government Active ETF by 728.4% in the 1st quarter. SMART Wealth LLC now owns 152,564 shares of the company’s stock valued at $15,404,000 after buying an additional 134,147 shares during the period. Allianz Asset Management GmbH grew its stake in shares of 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 valued at $93,593,000 after buying an additional 124,901 shares during the period. Parallel Advisors LLC increased its position in PIMCO Ultra Short Government Active ETF by 148.6% in the 3rd quarter. Parallel Advisors LLC now owns 199,802 shares of the company’s stock valued at $20,218,000 after buying an additional 119,424 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its position in PIMCO Ultra Short Government Active ETF by 32.2% in the 4th quarter. Summit Financial Wealth Advisors LLC now owns 276,822 shares of the company’s stock valued at $27,894,000 after buying an additional 67,434 shares in the last quarter.

PIMCO Ultra Short Government Active ETF Stock Down 0.3%

BILZ stock opened at $100.65 on Thursday. The stock’s 50 day simple moving average is $100.82 and its 200 day simple moving average is $100.85. PIMCO Ultra Short Government Active ETF has a fifty-two week low of $100.63 and a fifty-two week high of $101.25.

PIMCO Ultra Short Government Active ETF 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.