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

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) shares traded up 0% during mid-day trading on Thursday . The company traded as high as $100.42 and last traded at $100.42. 844,999 shares were traded during mid-day trading, a decline of 43% from the average session volume of 1,486,860 shares. The stock had previously closed at $100.38.

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

The company’s 50 day simple moving average is $100.49 and its 200 day simple moving average is $100.46.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. White Pine Investment CO boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.5% in the third quarter. White Pine Investment CO now owns 4,007 shares of the company’s stock valued at $403,000 after acquiring an additional 135 shares in the last quarter. Moloney Securities Asset Management LLC lifted its holdings 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 valued at $355,000 after purchasing an additional 137 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position 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 valued at $44,000 after purchasing an additional 217 shares during the period. Lummis Asset Management LP boosted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 101.1% in the second quarter. Lummis Asset Management LP now owns 541 shares of the company’s stock valued at $54,000 after acquiring an additional 272 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 7.5% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,607 shares of the company’s stock worth $464,000 after purchasing an additional 321 shares during the period.

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.