Macguire Cheswick & Tuttle Investment Counsel LLC reduced its stake in shares of PIMCO ETF Trust (NYSEARCA:BOND) by 44.4% during the second quarter, Holdings Channel reports. The fund owned 2,901 shares of the exchange traded fund’s stock after selling 2,314 shares during the period. Macguire Cheswick & Tuttle Investment Counsel LLC’s holdings in PIMCO ETF Trust were worth $308,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Mechanics Bank Trust Department raised its position in shares of PIMCO ETF Trust by 13.9% in the second quarter. Mechanics Bank Trust Department now owns 39,894 shares of the exchange traded fund’s stock valued at $4,230,000 after buying an additional 4,862 shares during the last quarter. Janney Capital Management LLC raised its position in shares of PIMCO ETF Trust by 1.1% in the second quarter. Janney Capital Management LLC now owns 407,657 shares of the exchange traded fund’s stock valued at $43,228,000 after buying an additional 4,400 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in shares of PIMCO ETF Trust by 9.9% in the second quarter. Capital Investment Advisory Services LLC now owns 4,467 shares of the exchange traded fund’s stock valued at $474,000 after buying an additional 403 shares during the last quarter. NewFocus Financial Group LLC raised its position 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 valued at $282,000 after buying an additional 123 shares during the last quarter. Finally, Partnervest Advisory Services LLC raised its position 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 valued at $280,000 after buying an additional 292 shares during the last quarter.

PIMCO ETF Trust (NYSEARCA BOND) opened at 106.94 on Friday. 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 of $106.31 and a 200 day moving average of $105.63.

The business also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were paid a dividend of $0.26 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date was Tuesday, August 1st. This is a positive change from PIMCO ETF Trust’s previous monthly dividend of $0.23.

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

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