PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sets New 1-Year High – Time to Buy?

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINTGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $100.72 and last traded at $100.7050, with a volume of 108190 shares changing hands. The stock had previously closed at $100.70.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

The company has a 50 day simple moving average of $100.54 and a two-hundred day simple moving average of $100.52.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several large investors have recently modified their holdings of MINT. Root Financial Partners LLC raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock valued at $26,000 after buying an additional 109 shares during the period. Aventura Private Wealth LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth $45,000. Parallel Advisors LLC boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% during the fourth quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after buying an additional 166 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the fourth quarter worth $66,000. Finally, Washington Trust Advisors Inc. increased its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the third quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock valued at $99,000 after acquiring an additional 100 shares during the last quarter.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

(Get Free Report)

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.

Further Reading

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