Allianz Asset Management GmbH Purchases 622,026 Shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ)

Allianz Asset Management GmbH grew its position in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 149.2% during the fourth quarter, Holdings Channel reports. The fund owned 1,038,821 shares of the company’s stock after purchasing an additional 622,026 shares during the period. Allianz Asset Management GmbH owned approximately 0.40% of PIMCO Ultra Short Government Active ETF worth $104,734,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Keene & Associates Inc. grew its position in shares of PIMCO Ultra Short Government Active ETF by 115.3% in the 4th quarter. Keene & Associates Inc. now owns 18,345 shares of the company’s stock worth $1,850,000 after buying an additional 9,825 shares during the period. Csenge Advisory Group grew its holdings in PIMCO Ultra Short Government Active ETF by 127.7% in the fourth quarter. Csenge Advisory Group now owns 16,669 shares of the company’s stock worth $1,681,000 after purchasing an additional 9,349 shares during the period. Beacon Capital Management LLC grew its holdings in PIMCO Ultra Short Government Active ETF by 4.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,231,724 shares of the company’s stock worth $124,182,000 after purchasing an additional 49,670 shares during the period. Lord & Richards Wealth Management LLC bought a new position in shares of PIMCO Ultra Short Government Active ETF during the fourth quarter valued at approximately $244,000. Finally, Essex Financial Services Inc. lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 7.7% during the fourth quarter. Essex Financial Services Inc. now owns 7,224 shares of the company’s stock valued at $728,000 after purchasing an additional 515 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Stock Performance

PIMCO Ultra Short Government Active ETF stock opened at $101.09 on Friday. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.67 and a twelve month high of $101.24. The stock’s 50 day moving average is $101.02 and its 200 day moving average is $101.01.

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.