Traders Buy PIMCO Enhanced Short Maturity Exchange-Traded Fund (MINT) on Weakness

Investors bought shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) on weakness during trading on Thursday. $19.48 million flowed into the stock on the tick-up and $11.86 million flowed out of the stock on the tick-down, for a money net flow of $7.62 million into the stock. Of all companies tracked, PIMCO Enhanced Short Maturity Exchange-Traded Fund had the 25th highest net in-flow for the day. PIMCO Enhanced Short Maturity Exchange-Traded Fund traded down ($0.01) for the day and closed at $101.53

A number of large investors have recently added to or reduced their stakes in MINT. Northern Oak Wealth Management Inc. purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first quarter worth about $100,000. Financial Gravity Wealth Inc. purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first quarter worth about $125,000. SRS Capital Advisors Inc. purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first quarter worth about $141,000. Catalyst Capital Advisors LLC lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 118.2% in the first quarter. Catalyst Capital Advisors LLC now owns 2,400 shares of the company’s stock worth $244,000 after acquiring an additional 1,300 shares during the period. Finally, Concorde Asset Management LLC purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the second quarter worth about $251,000.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT)

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.

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