Summit Financial Wealth Advisors LLC Makes New $6.26 Million Investment in PIMCO Ultra Short Government Active ETF $BILZ

Summit Financial Wealth Advisors LLC purchased a new stake in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 61,846 shares of the company’s stock, valued at approximately $6,259,000. PIMCO Ultra Short Government Active ETF makes up approximately 1.1% of Summit Financial Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Summit Financial Wealth Advisors LLC owned about 0.70% of PIMCO Ultra Short Government Active ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Access Financial Services Inc. lifted its position in PIMCO Ultra Short Government Active ETF by 26.3% in the second quarter. Access Financial Services Inc. now owns 378,510 shares of the company’s stock valued at $38,305,000 after acquiring an additional 78,908 shares during the last quarter. Blackston Financial Advisory Group LLC increased its position in PIMCO Ultra Short Government Active ETF by 100.3% during the second quarter. Blackston Financial Advisory Group LLC now owns 19,662 shares of the company’s stock worth $1,990,000 after buying an additional 9,845 shares during the period. Southland Equity Partners LLC lifted its stake in PIMCO Ultra Short Government Active ETF by 447.2% in the second quarter. Southland Equity Partners LLC now owns 22,776 shares of the company’s stock valued at $2,305,000 after buying an additional 18,614 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of PIMCO Ultra Short Government Active ETF by 1.4% in the second quarter. Parallel Advisors LLC now owns 80,378 shares of the company’s stock valued at $8,134,000 after acquiring an additional 1,146 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC acquired a new stake in shares of PIMCO Ultra Short Government Active ETF in the second quarter valued at approximately $23,114,000.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

Shares of PIMCO Ultra Short Government Active ETF stock opened at $100.90 on Monday. The firm’s fifty day simple moving average is $100.93 and its 200-day simple moving average is $101.00. PIMCO Ultra Short Government Active ETF has a 12 month low of $100.73 and a 12 month high of $101.27.

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.