PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Stock Price Down 0% – Time to Sell?

Shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) traded down 0% on Wednesday . The stock traded as low as $50.48 and last traded at $50.52. 43,994 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 76,770 shares. The stock had previously closed at $50.53.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.0%

The business’s 50-day simple moving average is $50.05 and its 200 day simple moving average is $49.77.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Wednesday, February 4th were paid a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Studio Investment Management LLC bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter worth $203,000. JPMorgan Chase & Co. bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the second quarter worth about $152,000. Wayfinding Financial LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $2,725,000. Columbia River Financial Group LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at about $245,000. Finally, Seven Mile Advisory bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at about $1,405,000.

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.