PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Shares Up 0% – Time to Buy?

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares shot up 0% during trading on Friday . The stock traded as high as $100.64 and last traded at $100.63. 1,088,959 shares were traded during trading, a decline of 21% from the average session volume of 1,381,640 shares. The stock had previously closed at $100.58.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The firm has a 50 day simple moving average of $100.52 and a 200 day simple moving average of $100.48.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Greatmark Investment Partners Inc. boosted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.4% in the 4th quarter. Greatmark Investment Partners Inc. now owns 3,075 shares of the company’s stock worth $309,000 after buying an additional 100 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 2.0% in the 4th quarter. AdvisorNet Financial Inc now owns 5,814 shares of the company’s stock worth $583,000 after buying an additional 112 shares during the last quarter. White Pine Investment CO boosted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.5% in the 3rd quarter. White Pine Investment CO now owns 4,007 shares of the company’s stock worth $403,000 after buying an additional 135 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.0% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 3,528 shares of the company’s stock worth $355,000 after buying an additional 137 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 99.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 436 shares of the company’s stock worth $44,000 after buying an additional 217 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.