FSA Advisors Inc. Buys 5,854 Shares of PIMCO Ultra Short Government Active ETF $BILZ

FSA Advisors Inc. grew its stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 57.7% in the third quarter, HoldingsChannel.com reports. The fund owned 15,992 shares of the company’s stock after acquiring an additional 5,854 shares during the period. PIMCO Ultra Short Government Active ETF makes up 1.3% of FSA Advisors Inc.’s investment portfolio, making the stock its 20th largest position. FSA Advisors Inc.’s holdings in PIMCO Ultra Short Government Active ETF were worth $1,618,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. AE Wealth Management LLC boosted its stake in PIMCO Ultra Short Government Active ETF by 55.0% during the 2nd quarter. AE Wealth Management LLC now owns 1,365,151 shares of the company’s stock worth $138,153,000 after acquiring an additional 484,230 shares during the last quarter. Allianz Asset Management GmbH increased its stake in PIMCO Ultra Short Government Active ETF by 48.5% in the third quarter. Allianz Asset Management GmbH now owns 803,924 shares of the company’s stock valued at $81,349,000 after purchasing an additional 262,404 shares in the last quarter. Walled Lake Planning & Wealth Management LLC acquired a new stake in PIMCO Ultra Short Government Active ETF in the second quarter worth $23,114,000. Captrust Financial Advisors boosted its position in shares of PIMCO Ultra Short Government Active ETF by 67.7% during the second quarter. Captrust Financial Advisors now owns 438,843 shares of the company’s stock worth $44,411,000 after purchasing an additional 177,153 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC boosted its position in shares of PIMCO Ultra Short Government Active ETF by 238.6% during the third quarter. Summit Financial Wealth Advisors LLC now owns 209,388 shares of the company’s stock worth $21,108,000 after purchasing an additional 147,542 shares in the last quarter.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of BILZ stock opened at $100.71 on Wednesday. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.69 and a 12-month high of $101.27. The firm has a fifty day moving average of $100.89 and a 200-day moving average of $100.95.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be paid a $0.31 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, March 2nd.

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.