Silverlake Wealth Management LLC Purchases Shares of 5,981 PIMCO Ultra Short Government Active ETF $BILZ

Silverlake Wealth Management LLC purchased a new stake in shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,981 shares of the company’s stock, valued at approximately $603,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in PIMCO Ultra Short Government Active ETF during the third quarter valued at about $264,000. Captrust Financial Advisors grew 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 acquiring an additional 198,265 shares during the period. Susquehanna International Group LLP raised its position in PIMCO Ultra Short Government Active ETF by 789.0% in the third quarter. Susquehanna International Group LLP now owns 23,346 shares of the company’s stock worth $2,362,000 after acquiring an additional 20,720 shares in the last quarter. Citadel Advisors LLC bought a new stake in PIMCO Ultra Short Government Active ETF in the third quarter worth about $4,081,000. Finally, Sei Investments Co. lifted its holdings in PIMCO Ultra Short Government Active ETF by 47.3% in the 3rd quarter. Sei Investments Co. now owns 11,841 shares of the company’s stock valued at $1,198,000 after acquiring an additional 3,805 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Stock Performance

NYSEARCA:BILZ opened at $100.89 on Wednesday. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.69 and a twelve month high of $101.27. The company has a 50-day moving average of $100.86 and a 200-day moving average of $100.92.

PIMCO Ultra Short Government Active ETF Cuts Dividend

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

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. BILZ was launched on Jun 21, 2023 and is managed by PIMCO.