PIMCO ETF Trust (NYSEARCA:BOND) Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. cut its stake in PIMCO ETF Trust (NYSEARCA:BOND) by 1.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 4,039 shares of the exchange traded fund’s stock after selling 71 shares during the period. Cabot Wealth Management Inc.’s holdings in PIMCO ETF Trust were worth $428,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BOND. Mechanics Bank Trust Department boosted 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 boosted 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 boosted 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. Finally, NewFocus Financial Group LLC boosted 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.

Shares of PIMCO ETF Trust (NYSEARCA:BOND) traded down 0.05% during midday trading on Friday, hitting $106.86. 54,464 shares of the company traded hands. PIMCO ETF Trust has a 52 week low of $102.11 and a 52 week high of $107.99. The stock has a 50 day moving average of $106.34 and a 200-day moving average of $105.71.

The business also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were given 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 yield of 2.92%. This is an increase 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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