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

Biltmore Wealth Management LLC acquired a new stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 268,661 shares of the company’s stock, valued at approximately $27,111,000. PIMCO Ultra Short Government Active ETF accounts for approximately 8.5% of Biltmore Wealth Management LLC’s holdings, making the stock its 4th largest position. Biltmore Wealth Management LLC owned about 3.12% of PIMCO Ultra Short Government Active ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Security Financial Services INC. boosted its holdings in shares of PIMCO Ultra Short Government Active ETF by 5.3% in the first quarter. Security Financial Services INC. now owns 2,461 shares of the company’s stock valued at $248,000 after purchasing an additional 124 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 37,742 shares of the company’s stock worth $3,809,000 after buying an additional 164 shares during the period. Root Financial Partners LLC bought a new position in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter worth $45,000. Williams & Novak LLC grew its position in shares of PIMCO Ultra Short Government Active ETF by 8.2% during the 2nd quarter. Williams & Novak LLC now owns 7,641 shares of the company’s stock worth $771,000 after buying an additional 580 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of 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 buying an additional 805 shares during the period.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of BILZ stock traded up $0.04 on Friday, hitting $100.74. The stock had a trading volume of 182,733 shares, compared to its average volume of 242,378. The business has a 50 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 one year low of $100.60 and a one year high of $101.17.

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.