Hollencrest Capital Management Takes Position in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS)

Hollencrest Capital Management purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 73,013 shares of the company’s stock, valued at approximately $3,644,000. Hollencrest Capital Management owned 3.63% of PIMCO Mortgage-Backed Securities Active ETF at the end of the most recent reporting period.

Separately, Sierra Capital LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF in the third quarter valued at $658,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.2 %

NASDAQ:PMBS traded up $0.10 during trading hours on Friday, reaching $48.72. 1,166 shares of the company traded hands, compared to its average volume of 14,002. PIMCO Mortgage-Backed Securities Active ETF has a 1-year low of $48.05 and a 1-year high of $50.17.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.26 dividend. This represents a $3.12 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend was Friday, November 1st.