Williams & Novak Wealth Management LLC Acquires 19,405 Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $MFUS

Williams & Novak Wealth Management LLC increased its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) by 13.0% in the third quarter, HoldingsChannel.com reports. The firm owned 168,519 shares of the company’s stock after buying an additional 19,405 shares during the quarter. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF makes up 6.5% of Williams & Novak Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Williams & Novak Wealth Management LLC’s holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF were worth $10,922,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. SFG Wealth Management LLC. acquired a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the second quarter valued at approximately $1,710,000. Operose Advisors LLC acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 2nd quarter worth approximately $1,015,000. Mid American Wealth Advisory Group Inc. raised its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 17.4% during the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 15,609 shares of the company’s stock worth $1,048,000 after buying an additional 2,315 shares during the period. Williams & Novak LLC lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% during the 2nd quarter. Williams & Novak LLC now owns 149,114 shares of the company’s stock valued at $10,016,000 after buying an additional 2,775 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 14.0% during the 1st quarter. Cetera Investment Advisers now owns 36,233 shares of the company’s stock valued at $2,116,000 after buying an additional 4,441 shares in the last quarter.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Performance

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock opened at $65.53 on Friday. The stock has a market capitalization of $302.75 million, a P/E ratio of 19.69 and a beta of 0.85. The company’s fifty day moving average price is $66.06 and its 200 day moving average price is $64.41. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 1 year low of $54.14 and a 1 year high of $67.74.

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.