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) saw an uptick in trading volume on Tuesday . 3,518,383 shares changed hands during mid-day trading, an increase of 211% from the previous session’s volume of 1,132,479 shares.The stock last traded at $100.34 and had previously closed at $100.35.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

The firm’s 50-day moving average price is $100.47 and its 200 day moving average price is $100.44.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Lummis Asset Management LP acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter worth approximately $27,000. Fortitude Family Office LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 3rd quarter valued at $33,000. EverSource Wealth Advisors LLC acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter valued at $43,000. Creative Financial Designs Inc. ADV grew its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 99.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 436 shares of the company’s stock valued at $44,000 after buying an additional 217 shares in the last quarter. Finally, UMB Bank n.a. bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 2nd quarter valued at $49,000.

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.