PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Strong Trading Volume – Still a Buy?

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSGet Free Report) shares saw strong trading volume on Friday . 69,146 shares changed hands during trading, a decline of 25% from the previous session’s volume of 91,602 shares.The stock last traded at $50.0750 and had previously closed at $50.11.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

The business has a 50 day moving average of $49.86 and a 200 day moving average of $49.56.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.20 per share. This represents a yield of 483.0%. The ex-dividend date of this dividend was Wednesday, December 31st.

Hedge Funds Weigh In On PIMCO Mortgage-Backed Securities Active ETF

A hedge fund recently bought a new stake in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSFree Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $152,000.

About PIMCO Mortgage-Backed Securities Active ETF

(Get Free Report)

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.

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