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

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw an uptick in trading volume on Monday . 1,914,279 shares traded hands during 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 Up 0.0 %

The business has a 50 day moving average price of $100.33 and a two-hundred day moving average price of $100.15.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 71.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,839,292 shares of the company’s stock worth $584,747,000 after acquiring an additional 2,435,179 shares during the last quarter. State of Tennessee Treasury Department increased its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 16.1% in the fourth quarter. State of Tennessee Treasury Department now owns 349,200 shares of the company’s stock worth $34,847,000 after purchasing an additional 48,353 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the third quarter valued at approximately $22,428,000. Janney Montgomery Scott LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 163,964 shares of the company’s stock valued at $16,362,000 after buying an additional 67,613 shares in the last quarter. Finally, One Capital Management LLC boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 43.8% in the 4th quarter. One Capital Management LLC now owns 133,209 shares of the company’s stock worth $13,293,000 after buying an additional 40,570 shares during the period.

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.