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

Sierra Capital LLC reduced its position in shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) by 33.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,702 shares of the company’s stock after selling 4,472 shares during the quarter. Sierra Capital LLC’s holdings in PIMCO Mortgage-Backed Securities Active ETF were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, SkyView Investment Advisors LLC acquired a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the third quarter worth $6,707,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

PMBS stock opened at $48.62 on Tuesday. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $47.13 and a 52 week high of $50.17. The company has a 50-day simple moving average of $47.98.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.15 per share. The ex-dividend date of this dividend 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.