PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Reaches New 12-Month High – Here’s What Happened

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $100.72 and last traded at $100.7050, with a volume of 108190 shares changing hands. The stock had previously closed at $100.70.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The stock has a 50-day moving average price of $100.54 and a 200-day moving average price of $100.52.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC lifted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after acquiring an additional 109 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth $45,000. Parallel Advisors LLC lifted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% during the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after acquiring an additional 166 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth $66,000. Finally, Washington Trust Advisors Inc. lifted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock worth $99,000 after acquiring an additional 100 shares during the last quarter.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

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.