PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Strong Trading Volume

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw an uptick in trading volume on Monday . 1,914,279 shares were traded during mid-day trading, an increase of 90% from the previous session’s volume of 1,006,960 shares.The stock last traded at $100.24 and had previously closed at $100.24.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The business’s 50 day moving average price is $100.33 and its 200 day moving average price is $100.15.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MINT. American National Bank purchased a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth about $26,000. Princeton Global Asset Management LLC purchased a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter valued at approximately $44,000. Hollencrest Capital Management raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 34.9% during the 3rd quarter. Hollencrest Capital Management now owns 564 shares of the company’s stock worth $56,000 after buying an additional 146 shares during the period. First Horizon Advisors Inc. purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter valued at approximately $85,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at $122,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.