PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Unusually-High Trading Volume – Here’s What Happened

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw an uptick in trading volume on Tuesday . 1,442,583 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 1,552,156 shares.The stock last traded at $100.5450 and had previously closed at $100.54.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

The firm’s 50-day moving average is $100.60 and its two-hundred day moving average is $100.55.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.4% during the fourth quarter. JPMorgan Chase & Co. now owns 32,615,613 shares of the company’s stock worth $3,272,651,000 after acquiring an additional 1,368,763 shares during the last quarter. Ibex Wealth Advisors purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the first quarter valued at approximately $25,654,000. Moment Partners LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at approximately $21,907,000. NewEdge Advisors LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 69.2% in the 3rd quarter. NewEdge Advisors LLC now owns 336,359 shares of the company’s stock valued at $33,868,000 after purchasing an additional 137,554 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock worth $16,681,000 after purchasing an additional 94,279 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.