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

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares were up 0% during mid-day trading on Monday . The company traded as high as $100.58 and last traded at $100.57. Approximately 1,621,039 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 1,381,501 shares. The stock had previously closed at $100.56.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Up 0.0%

The firm’s 50-day moving average price is $100.50 and its two-hundred day moving average price is $100.46.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MINT. JPMorgan Chase & Co. increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 10.5% during the third quarter. JPMorgan Chase & Co. now owns 31,246,850 shares of the company’s stock worth $3,146,245,000 after acquiring an additional 2,959,588 shares during the last quarter. Hollencrest Capital Management increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 25,423.5% during the 3rd quarter. Hollencrest Capital Management now owns 333,337 shares of the company’s stock worth $33,564,000 after purchasing an additional 332,031 shares during the last quarter. Goodman Advisory Group LLC acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 2nd quarter worth about $13,998,000. NewEdge Advisors LLC raised its holdings in 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 buying an additional 137,554 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% in the second quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock valued at $16,681,000 after buying an additional 94,279 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.