Foster & Motley Inc. Invests $1.33 Million in PIMCO Mortgage-Backed Securities Active ETF $PMBS

Foster & Motley Inc. bought a new position in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS – Free Report) during the 1st quarter, HoldingsChannel reports. The fund bought 26,825 shares of the company’s stock, valued at approximately $1,331,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Seven Mile Advisory purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $1,405,000. Columbia River Financial Group LLC bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at $245,000. Wayfinding Financial LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at $2,725,000. Studio Investment Management LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at $203,000. Finally, Essex Bank bought a new stake in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter worth about $209,000.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

Shares of NASDAQ:PMBS opened at $49.59 on Friday. The business has a 50-day simple moving average of $49.37 and a two-hundred day simple moving average of $49.72. PIMCO Mortgage-Backed Securities Active ETF has a fifty-two week low of $48.29 and a fifty-two week high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, June 1st.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding PMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS – Free Report).