Balanced Rock Investment Advisors LLC Increases Stock Holdings in Pimco Rafi Esg U.S. Etf $RAFE

Balanced Rock Investment Advisors LLC raised its holdings in shares of Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) by 36.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,806 shares of the company’s stock after purchasing an additional 40,478 shares during the quarter. Pimco Rafi Esg U.S. Etf accounts for approximately 4.5% of Balanced Rock Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Balanced Rock Investment Advisors LLC owned approximately 0.06% of Pimco Rafi Esg U.S. Etf worth $5,752,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in RAFE. Bond & Devick Financial Network Inc. increased its stake in Pimco Rafi Esg U.S. Etf by 20.6% in the 2nd quarter. Bond & Devick Financial Network Inc. now owns 7,239 shares of the company’s stock worth $276,000 after buying an additional 1,235 shares during the period. KWB Wealth grew its stake in Pimco Rafi Esg U.S. Etf by 53.9% in the 2nd quarter. KWB Wealth now owns 8,883 shares of the company’s stock worth $323,000 after acquiring an additional 3,110 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in Pimco Rafi Esg U.S. Etf by 2.2% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 12,576 shares of the company’s stock worth $480,000 after acquiring an additional 267 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Pimco Rafi Esg U.S. Etf during the first quarter worth approximately $769,000. Finally, LPL Financial LLC raised its stake in shares of Pimco Rafi Esg U.S. Etf by 3.2% during the first quarter. LPL Financial LLC now owns 37,627 shares of the company’s stock valued at $1,367,000 after acquiring an additional 1,152 shares in the last quarter.

Pimco Rafi Esg U.S. Etf Stock Performance

Shares of NYSEARCA RAFE opened at $42.24 on Friday. Pimco Rafi Esg U.S. Etf has a 52-week low of $31.58 and a 52-week high of $42.57. The firm has a market capitalization of $105.60 million, a price-to-earnings ratio of 17.96 and a beta of 0.93. The stock has a 50 day moving average price of $41.10 and a 200 day moving average price of $39.45.

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.