Sierra Capital LLC Has $416,000 Stock Position in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS)

Sierra Capital LLC reduced its holdings in shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) by 33.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,702 shares of the company’s stock after selling 4,472 shares during the quarter. Sierra Capital LLC owned approximately 0.20% of PIMCO Mortgage-Backed Securities Active ETF worth $416,000 at the end of the most recent reporting period.

Separately, Hollencrest Capital Management acquired a new position in PIMCO Mortgage-Backed Securities Active ETF during the third quarter valued at approximately $3,644,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

Shares of PMBS opened at $48.62 on Tuesday. The stock’s fifty day moving average price is $47.98. PIMCO Mortgage-Backed Securities Active ETF has a 1-year low of $47.13 and a 1-year high of $50.17.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.15 per share. The ex-dividend date was Monday, February 3rd.

PIMCO Mortgage-Backed Securities Active ETF 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.