PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Reaches New 52-Week High – Here’s What Happened

Shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $100.89 and last traded at $100.36, with a volume of 2220 shares. The stock had previously closed at $100.33.

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

The stock has a 50 day moving average price of $100.33 and a 200-day moving average price of $100.45.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Financial Gravity Asset Management Inc. bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter worth $31,000. Disciplina Capital Management LLC bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth $36,000. Mainstream Capital Management LLC bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth $44,000. First Horizon Advisors Inc. raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.7% in the 4th quarter. First Horizon Advisors Inc. now owns 971 shares of the company’s stock worth $97,000 after purchasing an additional 266 shares during the period. Finally, Hollencrest Capital Management raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 26.8% in the 4th quarter. Hollencrest Capital Management now owns 1,221 shares of the company’s stock worth $123,000 after purchasing an additional 258 shares during the period.

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.