PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Trading Up 0% – Here’s What Happened

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares rose 0% during trading on Friday . The company traded as high as $100.57 and last traded at $100.57. Approximately 3,433,612 shares traded hands during trading, an increase of 136% from the average daily volume of 1,454,400 shares. The stock had previously closed at $100.53.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The business has a 50-day moving average of $100.54 and a 200 day moving average of $100.50.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.34 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Koenig Investment Advisory LLC acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the fourth quarter worth approximately $9,269,000. Birchwood Financial Partners Inc. acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter valued at $652,000. Ameriflex Group Inc. purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth $768,000. NewEdge Advisors LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.8% during the 4th quarter. NewEdge Advisors LLC now owns 463,424 shares of the company’s stock worth $46,500,000 after purchasing an additional 127,065 shares during the period. Finally, Cahill Financial Advisors Inc. boosted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 35.2% during the fourth quarter. Cahill Financial Advisors Inc. now owns 77,379 shares of the company’s stock worth $7,764,000 after purchasing an additional 20,143 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.