Investors Buy Shares of PIMCO Enhanced Short Mat Str Fund ETF (MINT) on Weakness

Investors purchased shares of PIMCO Enhanced Short Mat Str Fund ETF (NYSEARCA:MINT) on weakness during trading hours on Wednesday. $27.95 million flowed into the stock on the tick-up and $14.98 million flowed out of the stock on the tick-down, for a money net flow of $12.97 million into the stock. Of all companies tracked, PIMCO Enhanced Short Mat Str Fund ETF had the 19th highest net in-flow for the day. PIMCO Enhanced Short Mat Str Fund ETF traded down ($0.04) for the day and closed at $101.57

The company also recently announced a monthly dividend, which was paid on Tuesday, February 6th. Stockholders of record on Friday, February 2nd were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 1.83%. This is a boost from PIMCO Enhanced Short Mat Str Fund ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, February 1st.

Hedge funds have recently modified their holdings of the company. Catalyst Capital Advisors LLC bought a new position in PIMCO Enhanced Short Mat Str Fund ETF in the 4th quarter valued at about $112,000. C M Bidwell & Associates Ltd. bought a new position in PIMCO Enhanced Short Mat Str Fund ETF in the 4th quarter valued at about $142,000. Greatmark Investment Partners Inc. bought a new position in PIMCO Enhanced Short Mat Str Fund ETF in the 4th quarter valued at about $202,000. Cpwm LLC acquired a new position in shares of PIMCO Enhanced Short Mat Str Fund ETF during the 4th quarter worth approximately $212,000. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of PIMCO Enhanced Short Mat Str Fund ETF during the 4th quarter worth approximately $219,000.

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About PIMCO Enhanced Short Mat Str Fund ETF

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.

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