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

Shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw an uptick in trading volume on Thursday . 2,327,028 shares traded 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 Price Performance

The stock’s 50 day moving average is $100.51 and its 200 day moving average is $100.45.

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

Hedge funds have recently bought and sold shares of the business. Fortitude Family Office LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the third quarter worth $33,000. Creative Financial Designs Inc. ADV grew its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 99.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 436 shares of the company’s stock worth $44,000 after purchasing an additional 217 shares during the last quarter. UMB Bank n.a. acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the second quarter valued at about $49,000. Tidemark LLC bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 3rd quarter worth approximately $50,000. Finally, Lummis Asset Management LP lifted its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 101.1% in the 2nd quarter. Lummis Asset Management LP now owns 541 shares of the company’s stock worth $54,000 after purchasing an additional 272 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.