Farmers & Merchants Investments Inc. Acquires New Holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX)

Farmers & Merchants Investments Inc. acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 6,000 shares of the company’s stock, valued at approximately $195,000.

Separately, Moloney Securities Asset Management LLC lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 9.0% in the first quarter. Moloney Securities Asset Management LLC now owns 15,621 shares of the company’s stock valued at $480,000 after acquiring an additional 1,285 shares in the last quarter.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Down 0.4 %

MFDX opened at $30.96 on Wednesday. The firm has a market cap of $260.06 million, a P/E ratio of 11.19 and a beta of 0.76. The business’s fifty day simple moving average is $31.67 and its 200 day simple moving average is $30.85. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52 week low of $25.81 and a 52 week high of $32.87.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.