Cambridge Investment Research Advisors Inc. reduced its position in PIMCO ETF Trust (NYSEARCA:BOND) by 2.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,452 shares of the exchange traded fund’s stock after selling 865 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in PIMCO ETF Trust were worth $3,547,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BOND. Essex Financial Services Inc. bought a new position in shares of PIMCO ETF Trust during the second quarter worth approximately $200,000. Strategic Financial Group LLC acquired a new stake in shares of PIMCO ETF Trust during the second quarter worth $214,000. Asset Planning Services Ltd. raised its stake in shares of PIMCO ETF Trust by 0.6% in the second quarter. Asset Planning Services Ltd. now owns 2,196 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 14 shares in the last quarter. Partnervest Advisory Services LLC raised its stake in shares of PIMCO ETF Trust by 12.5% in the second quarter. Partnervest Advisory Services LLC now owns 2,637 shares of the exchange traded fund’s stock worth $280,000 after buying an additional 292 shares in the last quarter. Finally, NewFocus Financial Group LLC raised its stake in shares of PIMCO ETF Trust by 4.8% in the second quarter. NewFocus Financial Group LLC now owns 2,661 shares of the exchange traded fund’s stock worth $282,000 after buying an additional 123 shares in the last quarter.

Shares of PIMCO ETF Trust (NYSEARCA:BOND) opened at 107.26 on Wednesday. PIMCO ETF Trust has a 12 month low of $102.11 and a 12 month high of $107.99. The stock has a 50 day moving average price of $106.49 and a 200-day moving average price of $105.79.

The company also recently announced a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.91%. This is an increase from PIMCO ETF Trust’s previous monthly dividend of $0.23.

COPYRIGHT VIOLATION WARNING: This story was published by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The correct version of this story can be viewed at https://www.watchlistnews.com/cambridge-investment-research-advisors-inc-has-3-55-million-stake-in-pimco-etf-trust-bond/1531358.html.

Want to see what other hedge funds are holding BOND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO ETF Trust (NYSEARCA:BOND).

Institutional Ownership by Quarter for PIMCO ETF Trust (NYSEARCA:BOND)

Receive News & Ratings for PIMCO ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO ETF Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.