PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Strong Trading Volume – Still a Buy?

Shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw an uptick in trading volume on Thursday . 3,081,771 shares changed hands during trading, an increase of 146% from the previous session’s volume of 1,253,090 shares.The stock last traded at $100.26 and had previously closed at $100.27.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Down 0.1 %

The firm has a 50 day moving average price of $100.51 and a 200 day moving average price of $100.50.

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

Several large investors have recently made changes to their positions in MINT. JPMorgan Chase & Co. lifted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 5.7% during the third quarter. JPMorgan Chase & Co. now owns 24,458,326 shares of the company’s stock valued at $2,462,709,000 after purchasing an additional 1,312,168 shares during the last quarter. Planned Solutions Inc. raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1,293.1% in the fourth quarter. Planned Solutions Inc. now owns 114,970 shares of the company’s stock valued at $11,536,000 after purchasing an additional 106,717 shares during the period. Elite Financial Inc. bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth approximately $8,331,000. Resolute Wealth Strategies LLC grew its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 709.5% in the 4th quarter. Resolute Wealth Strategies LLC now owns 84,191 shares of the company’s stock valued at $8,448,000 after buying an additional 73,791 shares in the last quarter. Finally, Alexis Investment Partners LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter valued at $6,900,000.

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.