PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Large Volume Increase

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw unusually-strong trading volume on Monday . Approximately 500,133 shares were traded during mid-day trading, a decline of 48% from the previous session’s volume of 965,216 shares.The stock last traded at $100.57 and had previously closed at $100.54.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The stock has a 50-day moving average price of $100.33 and a 200-day moving average price of $100.13.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. American National Bank acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth approximately $26,000. Princeton Global Asset Management LLC acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth approximately $44,000. Hollencrest Capital Management lifted its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 34.9% in the third quarter. Hollencrest Capital Management now owns 564 shares of the company’s stock worth $56,000 after purchasing an additional 146 shares during the period. First Horizon Advisors Inc. bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter valued at $85,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first 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.