Austin Wealth Management LLC Has $28.61 Million Position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS)

Austin Wealth Management LLC trimmed its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 562,707 shares of the company’s stock after selling 1,081 shares during the period. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF accounts for approximately 5.9% of Austin Wealth Management LLC’s holdings, making the stock its 4th biggest position. Austin Wealth Management LLC owned approximately 18.04% of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF worth $28,614,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Capital Square LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 3rd quarter worth about $582,000. Integrated Wealth Concepts LLC bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at about $240,000. Quantinno Capital Management LP acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter worth $411,000. Baker Ellis Asset Management LLC boosted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 7.4% during the fourth quarter. Baker Ellis Asset Management LLC now owns 231,578 shares of the company’s stock worth $11,484,000 after purchasing an additional 15,926 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 4th quarter worth approximately $844,000.

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

Shares of NYSEARCA MFUS opened at $49.49 on Wednesday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $44.06 and a 52 week high of $52.94. The stock has a 50 day moving average price of $51.30 and a 200 day moving average price of $50.82. The stock has a market capitalization of $174.20 million, a PE ratio of 20.45 and a beta of 0.93.

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.