PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Strong Trading Volume – Time to Buy?

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares saw an uptick in trading volume on Thursday . 2,327,028 shares changed hands during trading, an increase of 109% from the previous session’s volume of 1,111,155 shares.The stock last traded at $100.54 and had previously closed at $100.54.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The stock’s 50 day simple moving average is $100.51 and its two-hundred day simple moving average is $100.46.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several institutional investors have recently bought and sold shares of MINT. Icon Wealth Advisors LLC grew its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6,636.1% in the third quarter. Icon Wealth Advisors LLC now owns 190,026 shares of the company’s stock valued at $19,134,000 after buying an additional 187,205 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1,771.0% during the third quarter. Arkadios Wealth Advisors now owns 195,412 shares of the company’s stock valued at $19,676,000 after purchasing an additional 184,968 shares during the period. Arrow Financial Corp acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter worth $11,022,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the third quarter valued at $6,643,000. Finally, BNP Paribas Financial Markets increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 58.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 177,231 shares of the company’s stock worth $17,845,000 after buying an additional 65,682 shares during the period.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.