268,661 Shares in PIMCO Ultra Short Government Active ETF $BILZ Acquired by Biltmore Wealth Management LLC

Biltmore Wealth Management LLC bought a new position in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) in the third quarter, HoldingsChannel.com reports. The firm bought 268,661 shares of the company’s stock, valued at approximately $27,111,000. PIMCO Ultra Short Government Active ETF makes up 8.5% of Biltmore Wealth Management LLC’s portfolio, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Security Financial Services INC. increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 5.3% in the 1st quarter. Security Financial Services INC. now owns 2,461 shares of the company’s stock valued at $248,000 after acquiring an additional 124 shares during the period. NewEdge Advisors LLC lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 0.4% during the 2nd quarter. NewEdge Advisors LLC now owns 37,742 shares of the company’s stock worth $3,809,000 after purchasing an additional 164 shares during the last quarter. Root Financial Partners LLC bought a new stake in PIMCO Ultra Short Government Active ETF during the first quarter valued at about $45,000. Williams & Novak LLC boosted its position in PIMCO Ultra Short Government Active ETF by 8.2% during the second quarter. Williams & Novak LLC now owns 7,641 shares of the company’s stock valued at $771,000 after purchasing an additional 580 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in PIMCO Ultra Short Government Active ETF by 4.1% during the second quarter. Integrated Wealth Concepts LLC now owns 20,375 shares of the company’s stock valued at $2,056,000 after purchasing an additional 805 shares in the last quarter.

PIMCO Ultra Short Government Active ETF Price Performance

BILZ traded up $0.04 on Friday, hitting $100.74. The company had a trading volume of 182,733 shares, compared to its average volume of 242,378. The stock has a fifty day moving average price of $100.78 and a 200-day moving average price of $100.80. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.60 and a 12-month high of $101.17.

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.