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) hit a new 52-week high on Tuesday . The company traded as high as $100.81 and last traded at $100.77, with a volume of 1470481 shares trading hands. The stock had previously closed at $100.76.

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

The company’s fifty day simple moving average is $100.60 and its 200-day simple moving average is $100.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Redwood Investment Management LLC increased its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6.6% during the 1st quarter. Redwood Investment Management LLC now owns 8,019 shares of the company’s stock valued at $806,000 after buying an additional 500 shares in the last quarter. Robinswood Financial LLC purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter worth approximately $491,000. Strategic Investment Advisors MI grew its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 15.9% during the 1st quarter. Strategic Investment Advisors MI now owns 53,916 shares of the company’s stock worth $5,421,000 after purchasing an additional 7,385 shares during the last quarter. Arkadios Wealth Advisors increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.4% during the 1st quarter. Arkadios Wealth Advisors now owns 204,154 shares of the company’s stock valued at $20,532,000 after purchasing an additional 6,708 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6,619.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 18,209 shares of the company’s stock valued at $1,831,000 after purchasing an additional 17,938 shares in the last quarter.

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.