PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sets New 52-Week High – Should You Buy?

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $100.70 and last traded at $100.70, with a volume of 603420 shares. The stock had previously closed at $100.64.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The stock’s 50 day moving average price is $100.50 and its 200 day moving average price is $100.45.

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

A number of institutional investors and hedge funds have recently modified their holdings of MINT. Lummis Asset Management LP bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at about $27,000. Fortitude Family Office LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 3rd quarter valued at about $33,000. EverSource Wealth Advisors LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at about $43,000. Creative Financial Designs Inc. ADV raised its holdings 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. Finally, UMB Bank n.a. bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter valued at about $49,000.

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.