Base Wealth Management LLC Decreases Holdings in PIMCO Ultra Short Government Active ETF $BILZ

Base Wealth Management LLC reduced its holdings in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 33.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,773 shares of the company’s stock after selling 18,323 shares during the quarter. PIMCO Ultra Short Government Active ETF makes up 1.9% of Base Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. Base Wealth Management LLC owned about 0.39% of PIMCO Ultra Short Government Active ETF worth $3,605,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BILZ. FSR Wealth Management Ltd. lifted its stake in PIMCO Ultra Short Government Active ETF by 34.8% during the third quarter. FSR Wealth Management Ltd. now owns 43,828 shares of the company’s stock worth $4,435,000 after purchasing an additional 11,307 shares during the last quarter. Bridgewealth Advisory Group LLC increased its stake in PIMCO Ultra Short Government Active ETF by 15.5% in the third quarter. Bridgewealth Advisory Group LLC now owns 97,856 shares of the company’s stock valued at $9,902,000 after purchasing an additional 13,119 shares during the last quarter. ABLE Financial Group LLC increased its stake in PIMCO Ultra Short Government Active ETF by 246.5% in the third quarter. ABLE Financial Group LLC now owns 35,079 shares of the company’s stock valued at $3,550,000 after purchasing an additional 24,956 shares during the last quarter. Captrust Financial Advisors raised its holdings in PIMCO Ultra Short Government Active ETF by 45.2% during the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock worth $64,469,000 after purchasing an additional 198,265 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in PIMCO Ultra Short Government Active ETF during the third quarter worth approximately $1,792,000.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of NYSEARCA:BILZ opened at $100.71 on Monday. The firm has a 50 day simple moving average of $100.85 and a 200-day simple moving average of $100.91. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.67 and a twelve month high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

PIMCO Ultra Short Government Active ETF Company 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.