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

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares saw unusually-high trading volume on Monday . Approximately 3,655,544 shares changed hands during trading, an increase of 256% from the previous session’s volume of 1,025,987 shares.The stock last traded at $100.20 and had previously closed at $100.25.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

The stock’s 50 day moving average is $100.44 and its two-hundred day moving average is $100.36.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 50.5% during the first quarter. JPMorgan Chase & Co. now owns 17,418,752 shares of the company’s stock worth $1,751,281,000 after acquiring an additional 5,845,188 shares in the last quarter. State of Tennessee Treasury Department grew its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 16.1% in the 4th 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 during the last quarter. Janney Montgomery Scott LLC increased its position 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 worth $16,362,000 after purchasing an additional 67,613 shares in the last quarter. One Capital Management LLC lifted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 43.8% during the 4th quarter. One Capital Management LLC now owns 133,209 shares of the company’s stock valued at $13,293,000 after purchasing an additional 40,570 shares during the last quarter. Finally, Comerica Bank lifted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6.4% during the 1st quarter. Comerica Bank now owns 128,612 shares of the company’s stock valued at $12,931,000 after purchasing an additional 7,735 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.