ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Large Volume Increase – What’s Next?

ActivePassive Core Bond ETF (NYSEARCA:APCB) shares saw an uptick in trading volume on Wednesday . 409,464 shares were traded during trading, an increase of 261% from the previous session’s volume of 113,482 shares.The stock last traded at $29.38 and had previously closed at $29.38.

ActivePassive Core Bond ETF Stock Down 0.1 %

The company has a 50-day moving average price of $29.19 and a two-hundred day moving average price of $29.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in APCB. OLD Mission Capital LLC purchased a new stake in ActivePassive Core Bond ETF during the 4th quarter worth $1,511,000. Pinnacle Bancorp Inc. grew its stake in shares of ActivePassive Core Bond ETF by 182.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 2,395 shares of the company’s stock valued at $69,000 after acquiring an additional 1,547 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of ActivePassive Core Bond ETF by 7.8% during the third quarter. First Horizon Advisors Inc. now owns 6,863 shares of the company’s stock worth $208,000 after acquiring an additional 498 shares during the last quarter.

ActivePassive Core Bond ETF Company Profile

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.