D Orazio Adds Five ETFs in Third Quarter

D Orazio & Associates disclosed new third-quarter positions in five exchange-traded funds, spanning international and U.S. equities as well as fixed income. Its largest reported purchases were 765,431 shares of the iShares MSCI International Quality Factor ETF, valued at about $37.9 million, and 210,344 shares of the iShares MSCI USA Quality GARP ETF, worth about $17.9 million. The firm also bought 21,160 shares of Vanguard Multi-Sector Income Bond ETF (about $1.05 million), 8,047 shares of iShares Core MSCI EAFE ETF (about $780,000), and 7,018 shares of PIMCO Total Return ETF (about $611,000).