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

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw an uptick in trading volume on Friday . 85,139 shares were traded during mid-day trading, a decline of 0% from the previous session’s volume of 85,488 shares.The stock last traded at $49.72 and had previously closed at $49.99.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

The company has a 50-day moving average price of $49.77 and a 200 day moving average price of $49.37.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The firm also recently declared a special dividend, which will be paid on Monday, January 5th. Investors of record on Wednesday, December 31st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a yield of 483.0%.

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 position 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 fund 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.