Investors Buy PIMCO Enhanced Short Mat Str Fund ETF (MINT) on Weakness

Investors bought shares of PIMCO Enhanced Short Mat Str Fund ETF (NYSEARCA:MINT) on weakness during trading on Wednesday. $27.95 million flowed into the stock on the tick-up and $14.98 million flowed out of the stock on the tick-down, for a money net flow of $12.97 million into the stock. Of all stocks tracked, PIMCO Enhanced Short Mat Str Fund ETF had the 19th highest net in-flow for the day. PIMCO Enhanced Short Mat Str Fund ETF traded down ($0.04) for the day and closed at $101.57

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 6th. Stockholders of record on Friday, February 2nd were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $1.86 annualized dividend and a dividend yield of 1.83%. This is an increase from PIMCO Enhanced Short Mat Str Fund ETF’s previous monthly dividend of $0.15.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Catalyst Capital Advisors LLC bought a new position in PIMCO Enhanced Short Mat Str Fund ETF during the fourth quarter worth $112,000. C M Bidwell & Associates Ltd. bought a new position in PIMCO Enhanced Short Mat Str Fund ETF during the fourth quarter worth $142,000. Greatmark Investment Partners Inc. bought a new position in PIMCO Enhanced Short Mat Str Fund ETF during the fourth quarter worth $202,000. Cpwm LLC bought a new position in PIMCO Enhanced Short Mat Str Fund ETF during the fourth quarter worth $212,000. Finally, SeaCrest Wealth Management LLC bought a new position in PIMCO Enhanced Short Mat Str Fund ETF during the fourth quarter worth $219,000.

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About PIMCO Enhanced Short Mat Str Fund ETF

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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