AE Wealth Management LLC Purchases 290,550 Shares of PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ)

AE Wealth Management LLC lifted its holdings in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) by 38.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,039,014 shares of the company’s stock after acquiring an additional 290,550 shares during the period. PIMCO Ultra Short Government Active ETF makes up approximately 1.1% of AE Wealth Management LLC’s portfolio, making the stock its 12th biggest position. AE Wealth Management LLC owned approximately 40.12% of PIMCO Ultra Short Government Active ETF worth $105,044,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Lloyd Advisory Services LLC. bought a new position in shares of PIMCO Ultra Short Government Active ETF during the 2nd quarter worth about $18,999,000. Mid American Wealth Advisory Group Inc. boosted its holdings in PIMCO Ultra Short Government Active ETF by 8.9% in the second quarter. Mid American Wealth Advisory Group Inc. now owns 121,066 shares of the company’s stock worth $12,240,000 after acquiring an additional 9,854 shares in the last quarter. Bridgewealth Advisory Group LLC grew its stake in PIMCO Ultra Short Government Active ETF by 37.8% in the first quarter. Bridgewealth Advisory Group LLC now owns 42,202 shares of the company’s stock valued at $4,269,000 after acquiring an additional 11,576 shares during the period. Great Lakes Retirement Inc. increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 4.6% during the first quarter. Great Lakes Retirement Inc. now owns 36,709 shares of the company’s stock valued at $3,713,000 after acquiring an additional 1,607 shares in the last quarter. Finally, Outlook Wealth Advisors LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 47.1% during the second quarter. Outlook Wealth Advisors LLC now owns 32,668 shares of the company’s stock worth $3,303,000 after purchasing an additional 10,462 shares during the period.

PIMCO Ultra Short Government Active ETF Price Performance

NYSEARCA BILZ opened at $101.06 on Friday. The company has a fifty day simple moving average of $100.96 and a 200 day simple moving average of $100.93. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.35 and a 12-month high of $101.17.

PIMCO Ultra Short Government Active ETF 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.