BILZ PIMCO Ultra Short Government Active ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BILZ — —
Key stats
About

PIMCO Ultra Short Government Active ETF (BILZ) ETF

No description available.

Exchange
ARCX
Inception
2023-06-21
Has Options
No
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jun 2026flows, SEC filings
Expense ratio
0.14%
issuer, Oct 21, 2026
Assets
$974M
issuer-reported, Oct 19, 2026
Trailing yield
3.81%
paid monthly
Average daily volume
$20M
30 sessions
Holdings
5
top 10 are 100.0%
Listed
Jun 21, 2023
NYSE Arca
Last fee change
-11 bp
filed May 22, 2023
Net asset value
$100.81
issuer, Oct 19, 2026 · closed +0.01% to NAV
Median bid/ask spread
0.01%
30 days, issuer-reported
30-day SEC yield
3.95%
issuer, Oct 19, 2026
Distributions, 12 months
$3.84 a share
issuer, through Oct 1, 2026: 100% income
Closure risk, 12 months
0.4%
low · model
FrenzyCap ETF score
60
how it is built
Cost74
Liquidity77
Scale74
Diversification0

Moves with. Long Treasuries (12% of its variance, beta 0.06). These factors explain 17% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. (from the fund's prospectus)

All 5 holdingsFlow historyOverlap toolAll Ultra-Short Bond ETFs

Fund flows
daily as of Oct 16, 2026issuer datathrough Jun 2026SEC filings
Oct 16, 2026
+$40M
latest day
Latest 5 trading days
+$77M
Year to date
+$77M
Each day
Net creations of BILZ by day, Oct 12, 2026 to Oct 16, 2026
DayNet flow
Oct 16, 2026+$40M
Oct 15, 2026$0
Oct 14, 2026+$8.1M
Oct 13, 2026$0
Oct 12, 2026+$28M

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

Jun 2026
−$65M
latest reported month
Latest 3 months
+$105M
+10.2% of assets
Latest 12 months
+$203M
+19.8% of assets
Jul 2025: +$79MAug 2025: −$30MAugSep 2025: +$34MOct 2025: −$41MOctNov 2025: +$56MDec 2025: −$85M−$85MDecJan 2026: +$101MFeb 2026: +$30MFebMar 2026: −$46MApr 2026: −$50MAprMay 2026: +$220M+$220MJun 2026: −$65MJun
View as a table
Net flows of BILZ by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026−$65M
May 2026+$220M
Apr 2026−$50M
Mar 2026−$46M
Feb 2026+$30M
Jan 2026+$101M
Dec 2025−$85M
Nov 2025+$56M
Oct 2025−$41M
Sep 2025+$34M
Aug 2025−$30M
Jul 2025+$79M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 39 months ago

Similar funds
FundOverlapFeeAssets1Y
JPSTJPMorgan Ultra-Short Income ETF—0.18%$42.8B−0.7%compare
PULSPGIM Ultra Short Bond ETF—0.15%$19.7B−0.4%compare
MINTPIMCO Enhanced Short Maturity Active Exchange-Traded Fund—0.36%$18.9B+0.0%compare
BOXXAlpha Architect 1-3 Month Box ETF—0.19%$12.7B+4.0%compare
ICSHiShares Ultra Short Duration Bond Active ETF—0.08%$9.0B−0.6%compare

The largest other funds in the Ultra-Short Bond category.

Under the hood
fiscal year to Jun 30, 2026SEC census
Authorized participants
5 active
of 28 with agreements; top 3 did 87%
Created · redeemed
$1.8B · $1.6B
over the fiscal year
Redemptions in kind
94%
creations 8% in kind
Creation unit
20,000
shares
Securities lending
authorized, none lent

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
5
AUM
$973.9M
Provider
PIMCO
Inception
2023-06-21
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.14%
Dividend Yield
3.81%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-05 $0.3100 CD
2026-09-01 2026-09-03 $0.3100 CD
2026-08-03 2026-08-05 $0.3100 CD
2026-07-01 2026-07-06 $0.3100 CD
2026-06-01 2026-06-03 $0.3100 CD
2026-05-01 2026-05-05 $0.3100 CD
Asset Allocation
Top Holdings
top 5 of 5 holdings
Symbol Name Weight % Asset Class Country
— U S TREASURY BILLS 62.66% Treasury US
— U S TREASURY BILLS 27.34% Treasury US
— U S TREASURY BILLS 7.86% Treasury US
— U S TREASURY BILLS 2.13% Treasury US
— Other net assets (liabilities) 0.01% Cash/Money Market —
Non-Equity Breakdown
PIMCO Ultra Short Government Active Exchange-Traded Fund · NPORT-P period 2026-06-30 (filed 2026-08-31)
Net assets: $1.03B · 5 total positions · equity 0.00% · non-equity 121.33%
Non-equity holdings — 5 positions, 121.33% of NAV
Category Weight Value Positions
Short-term investment 121.33% $1.25B 5
Chart
Seasonality
Month'23'24'25'26Avg
Jan--0.45%0.37%0.26%0.36%
Feb--0.37%0.31%0.27%0.32%
Mar--0.41%0.30%0.28%0.33%
Apr--0.41%0.34%0.30%0.35%
May--0.45%0.34%0.26%0.35%
Jun-0.40%0.38%0.33%0.27%0.15%
Jul0.40%0.44%0.34%0.34%0.38%
Aug0.47%0.47%0.36%0.27%0.39%
Sep0.39%0.43%0.29%0.27%0.34%
Oct0.42%0.36%0.36%0.21%*0.34%
Nov0.48%0.33%0.27%--0.36%
Dec0.04%-0.03%0.03%--0.01%
Total1.81%4.56%3.70%2.76%3.21%
* Only 4 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $100.77
SMA 50: $100.79
SMA 200: $100.82
Current: $100.83
EMA 12: $100.78
EMA 26: $100.78
MACD: 0.0084 | Signal: 0.0132
BEARISH
ADX (14): 15.30
RANGE
+DI: 46.58
−DI: 29.78

Momentum Oscillators

RSI (14): 59.75
NEUTRAL
Stoch %K: 87.08
Stoch %D: 75.21
Williams %R: -7.50

Volume & Volatility

BB Upper: $100.94
BB Lower: $100.61
NEUTRAL
OBV: 73,069,019
Vol SMA 20: 193,975
Vol ROC: -42.57%
ATR: $0.03
True Range: $0.02
HV 20: 1.1%
HV 30: 0.9%
HV 60: 1.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

BILZ Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: -0.0027
Alpha: -0.15%
Correlation: -0.0311
R-Squared: 0.1%
Stock Volatility: 1.1%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

BILZ Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

130 filers8,073,929 shares$815.16M value
# Filer Shares Value % of Total % of Float Period
1 AE Wealth Management LLC Custodian 1,399,384 $141.24M 17.33% — 2026-06-30
2 Delta Investment Management, LLC 559,113 $56.43M 6.92% — 2026-06-30
3 CAPTRUST FINANCIAL ADVISORS 472,404 $47.68M 5.85% — 2026-06-30
4 Beacon Capital Management, LLC 421,207 $42.51M 5.22% — 2026-06-30
5 Allianz Asset Management GmbH 405,580 $40.94M 5.02% — 2026-06-30
6 Summit Financial Wealth Advisors, LLC 325,677 $32.86M 4.03% — 2026-09-30
7 LPL Financial LLC Custodian 318,743 $32.17M 3.95% — 2026-06-30
8 SMART Wealth LLC 287,474 $29.01M 3.56% — 2026-06-30
9 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 284,589 $28.72M 3.52% — 2026-06-30
10 Biltmore Wealth Management, LLC 268,661 $27.11M 3.33% — 2026-09-30
11 Goldman Sachs Group Inc Custodian 229,978 $23.21M 2.85% — 2026-06-30
12 ACCESS FINANCIAL SERVICES, INC. 215,191 $21.72M 2.66% — 2026-06-30
13 Authentikos Wealth Advisory, LLC 212,838 $21.48M 2.64% — 2026-06-30
14 Mid-American Wealth Advisory Group, Inc. 177,678 $17.93M 2.20% — 2026-06-30
15 Parallel Advisors, LLC 138,046 $13.93M 1.71% — 2026-06-30
16 Tower Research Capital LLC (TRC) Custodian 132,117 $13.33M 1.64% — 2026-06-30
17 Royal Bank of Canada Custodian 112,857 $11.39M 1.40% — 2026-06-30
18 Susquehanna International Group, LLP Custodian 102,565 $10.35M 1.27% — 2026-06-30
19 Lloyd Advisory Services, LLC. 94,845 $9.57M 1.17% — 2026-06-30
20 Thrivent Financial for Lutherans 89,838 $9.07M 1.11% — 2026-06-30
21 Essex Financial Services, Inc. 83,111 $8.39M 1.03% — 2026-06-30
22 Bridgewealth Advisory Group, LLC 69,673 $7.03M 0.86% — 2026-06-30
23 Private Advisory Group LLC 66,223 $6.68M 0.82% — 2026-06-30
24 Kooman & Associates 65,055 $6.57M 0.81% — 2026-06-30
25 HRT FINANCIAL LP 64,457 $6.50M 0.80% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month