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

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw unusually-high trading volume on Thursday . Approximately 1,986,337 shares changed hands during trading, an increase of 80% from the previous session’s volume of 1,101,535 shares.The stock last traded at $100.50 and had previously closed at $100.48.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

The company has a fifty day moving average price of $100.44 and a 200-day moving average price of $100.42.

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

Several large investors have recently bought and sold shares of the business. Lummis Asset Management LP purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter worth $27,000. EverSource Wealth Advisors LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the first quarter worth approximately $43,000. UMB Bank n.a. purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter valued at approximately $49,000. ORG Partners LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter valued at approximately $61,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 3rd quarter worth approximately $119,000.

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.