PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Strong Trading Volume – Time to Buy?

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares saw unusually-high trading volume on Thursday . Approximately 3,081,771 shares traded hands during trading, an increase of 146% from the previous session’s volume of 1,253,090 shares.The stock last traded at $100.26 and had previously closed at $100.27.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The firm has a 50 day moving average of $100.52 and a two-hundred day moving average of $100.51.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds have recently modified their holdings of MINT. Disciplina Capital Management LLC acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter valued at approximately $36,000. Mainstream Capital Management LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the fourth quarter valued at approximately $44,000. First Horizon Advisors Inc. raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.7% in the fourth quarter. First Horizon Advisors Inc. now owns 971 shares of the company’s stock valued at $97,000 after purchasing an additional 266 shares in the last quarter. ORG Partners LLC lifted its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 89.6% in the fourth quarter. ORG Partners LLC now owns 1,147 shares of the company’s stock worth $115,000 after purchasing an additional 542 shares during the period. Finally, Hollencrest Capital Management boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 26.8% during the fourth quarter. Hollencrest Capital Management now owns 1,221 shares of the company’s stock worth $123,000 after buying an additional 258 shares in the last quarter.

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.