Pimco Rafi Esg U.S. Etf $RAFE Stake Lessened by JNBA Financial Advisors

JNBA Financial Advisors cut its stake in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 5.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,427 shares of the company’s stock after selling 649 shares during the period. JNBA Financial Advisors’ holdings in Pimco Rafi Esg U.S. Etf were worth $398,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in RAFE. Flagship Harbor Advisors LLC boosted its position in shares of Pimco Rafi Esg U.S. Etf by 17.8% during the 1st quarter. Flagship Harbor Advisors LLC now owns 12,309 shares of the company’s stock valued at $447,000 after purchasing an additional 1,863 shares in the last quarter. LPL Financial LLC boosted its position in shares of Pimco Rafi Esg U.S. Etf by 3.2% during the 1st quarter. LPL Financial LLC now owns 37,627 shares of the company’s stock valued at $1,367,000 after purchasing an additional 1,152 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Pimco Rafi Esg U.S. Etf by 1,358.2% during the 1st quarter. NewEdge Advisors LLC now owns 47,466 shares of the company’s stock valued at $1,724,000 after purchasing an additional 44,211 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Pimco Rafi Esg U.S. Etf during the 1st quarter valued at about $769,000. Finally, Bond & Devick Financial Network Inc. boosted its position in shares of Pimco Rafi Esg U.S. Etf by 20.6% during the 2nd quarter. Bond & Devick Financial Network Inc. now owns 7,239 shares of the company’s stock valued at $276,000 after purchasing an additional 1,235 shares in the last quarter.

Pimco Rafi Esg U.S. Etf Trading Down 2.3%

NYSEARCA:RAFE opened at $39.76 on Friday. Pimco Rafi Esg U.S. Etf has a twelve month low of $31.58 and a twelve month high of $41.20. The company has a 50-day moving average of $39.69 and a 200-day moving average of $37.51. The firm has a market cap of $97.41 million, a price-to-earnings ratio of 17.96 and a beta of 0.90.

Pimco Rafi Esg U.S. Etf Company 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.