Pimco Rafi Esg U.S. Etf $RAFE Stake Trimmed by Sellwood Investment Partners LLC

Sellwood Investment Partners LLC lessened its holdings in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 10.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 421,183 shares of the company’s stock after selling 49,142 shares during the quarter. Pimco Rafi Esg U.S. Etf accounts for approximately 7.4% of Sellwood Investment Partners LLC’s investment portfolio, making the stock its 4th biggest position. Sellwood Investment Partners LLC owned about 12.21% of Pimco Rafi Esg U.S. Etf worth $20,725,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Birchwood Financial Partners Inc. acquired a new position in shares of Pimco Rafi Esg U.S. Etf during the 3rd quarter worth $63,000. Ascentis Independent Advisors acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at about $114,000. Royal Bank of Canada acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at about $153,000. Bank of New York Mellon Corp acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter valued at about $267,000. Finally, Flagship Harbor Advisors LLC boosted its stake in Pimco Rafi Esg U.S. Etf by 12.4% in the third quarter. Flagship Harbor Advisors LLC now owns 15,342 shares of the company’s stock valued at $755,000 after buying an additional 1,689 shares in the last quarter.

Pimco Rafi Esg U.S. Etf Stock Down 0.3%

Pimco Rafi Esg U.S. Etf stock opened at $50.20 on Friday. Pimco Rafi Esg U.S. Etf has a 12-month low of $39.79 and a 12-month high of $52.21. The business’s 50-day moving average price is $50.04 and its two-hundred day moving average price is $46.65. The stock has a market cap of $173.19 million, a PE ratio of 17.96 and a beta of 0.87.

Pimco Rafi Esg U.S. Etf Profile

The PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that is based on the RAFI ESG US index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria. RAFE was launched on Dec 18, 2019 and is managed by PIMCO.