Cambridge Investment Research Advisors Inc. lowered its stake in Royal Caribbean Cruises Ltd. ( NYSE:RCL – Free Report ) by 8.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,990 shares of the company's stock after selling 3,825 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Royal Caribbean Cruises were worth $2,677,000 at the end of the most recent quarter. Several other institutional investors have also bought and sold shares of the stock.

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