PIMCO Ultra Short Government Active ETF $BILZ Shares Sold by Beacon Capital Management LLC

Beacon Capital Management LLC cut its stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 19.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 752,157 shares of the company’s stock after selling 185,881 shares during the period. PIMCO Ultra Short Government Active ETF makes up 10.3% of Beacon Capital Management LLC’s holdings, making the stock its 2nd largest position. Beacon Capital Management LLC owned approximately 8.91% of PIMCO Ultra Short Government Active ETF worth $76,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BILZ. Delta Investment Management LLC acquired a new position in PIMCO Ultra Short Government Active ETF in the 1st quarter worth $53,329,000. LPL Financial LLC raised its holdings in PIMCO Ultra Short Government Active ETF by 352.6% in the 1st quarter. LPL Financial LLC now owns 241,536 shares of the company’s stock valued at $24,443,000 after acquiring an additional 188,169 shares during the period. Access Financial Services Inc. raised its holdings in PIMCO Ultra Short Government Active ETF by 121.9% in the 1st quarter. Access Financial Services Inc. now owns 299,602 shares of the company’s stock valued at $30,320,000 after acquiring an additional 164,584 shares during the period. Essex Financial Services Inc. grew its position in shares of PIMCO Ultra Short Government Active ETF by 701.5% during the 2nd quarter. Essex Financial Services Inc. now owns 75,418 shares of the company’s stock worth $7,632,000 after purchasing an additional 66,008 shares in the last quarter. Finally, Kooman & Associates acquired a new position in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter worth approximately $6,319,000.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

NYSEARCA BILZ opened at $101.17 on Friday. PIMCO Ultra Short Government Active ETF has a 1 year low of $100.78 and a 1 year high of $101.27. The firm’s 50 day simple moving average is $101.06 and its 200 day simple moving average is $101.05.

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.