Baker Ellis Asset Management LLC Acquires 15,926 Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS)

Baker Ellis Asset Management LLC boosted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) by 7.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 231,578 shares of the company’s stock after acquiring an additional 15,926 shares during the quarter. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF makes up approximately 1.7% of Baker Ellis Asset Management LLC’s portfolio, making the stock its 14th largest holding. Baker Ellis Asset Management LLC owned 7.42% of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF worth $11,484,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $240,000. Quantinno Capital Management LP bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $411,000. Capital Square LLC bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $582,000. Finally, Austin Wealth Management LLC raised its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.9% in the third quarter. Austin Wealth Management LLC now owns 563,788 shares of the company’s stock valued at $28,155,000 after purchasing an additional 15,767 shares during the period.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Trading Down 0.1 %

Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock opened at $51.48 on Thursday. The company’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $49.86. The company has a market cap of $160.62 million, a price-to-earnings ratio of 16.36 and a beta of 0.87. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 1 year low of $42.63 and a 1 year high of $52.65.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Profile

The PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) is an exchange-traded fund that is based on the RAFI Dynamic Multi-Factor U.S. index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and technical factors. MFUS was launched on Aug 31, 2017 and is managed by PIMCO.