PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sets New 1-Year High – Time to Buy?

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS)’s stock price hit a new 52-week high on Friday . The company traded as high as $50.41 and last traded at $49.9650, with a volume of 68726 shares traded. The stock had previously closed at $50.03.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

The stock’s 50-day moving average is $49.74 and its two-hundred day moving average is $49.09.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were given a dividend of $0.22 per share. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Investors Weigh In On PIMCO Mortgage-Backed Securities Active ETF

An institutional investor recently bought a new position in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. acquired a new position in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,100 shares of the company’s stock, valued at approximately $152,000.

About PIMCO Mortgage-Backed Securities Active ETF

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.