Base Wealth Management LLC Trims Stake in PIMCO Ultra Short Government Active ETF $BILZ

Base Wealth Management LLC cut its position in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 33.9% in the fourth quarter, Holdings Channel reports. The firm owned 35,773 shares of the company’s stock after selling 18,323 shares during the period. PIMCO Ultra Short Government Active ETF accounts for approximately 1.9% of Base Wealth Management LLC’s holdings, making the stock its 15th biggest position. Base Wealth Management LLC’s holdings in PIMCO Ultra Short Government Active ETF were worth $3,605,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its position in PIMCO Ultra Short Government Active ETF by 48.5% during the third quarter. Allianz Asset Management GmbH now owns 803,924 shares of the company’s stock worth $81,349,000 after buying an additional 262,404 shares during the period. Captrust Financial Advisors lifted its stake in PIMCO Ultra Short Government Active ETF by 45.2% in the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock valued at $64,469,000 after buying an additional 198,265 shares during the last quarter. Walled Lake Planning & Wealth Management LLC boosted its holdings in shares of PIMCO Ultra Short Government Active ETF by 9.9% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 251,056 shares of the company’s stock valued at $25,404,000 after acquiring an additional 22,660 shares during the period. Summit Financial Wealth Advisors LLC boosted its holdings in shares of PIMCO Ultra Short Government Active ETF by 238.6% in the third quarter. Summit Financial Wealth Advisors LLC now owns 209,388 shares of the company’s stock valued at $21,108,000 after acquiring an additional 147,542 shares during the period. Finally, Parallel Advisors LLC grew its position in shares of PIMCO Ultra Short Government Active ETF by 148.6% during the third quarter. Parallel Advisors LLC now owns 199,802 shares of the company’s stock worth $20,218,000 after acquiring an additional 119,424 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of PIMCO Ultra Short Government Active ETF stock opened at $100.71 on Monday. The firm’s fifty day simple moving average is $100.85 and its 200-day simple moving average is $100.91. PIMCO Ultra Short Government Active ETF has a 12 month low of $100.67 and a 12 month high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.31 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.