PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Large Volume Increase – Here’s What Happened

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) shares saw unusually-high trading volume on Friday . Approximately 69,146 shares traded hands during mid-day 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 Stock Performance

The stock has a 50 day simple moving average of $49.87 and a two-hundred day simple moving average of $49.58.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The company also recently declared 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 was Wednesday, December 31st.

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. bought a new stake in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

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.