ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Large Volume Increase – Time to Buy?

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw strong trading volume on Wednesday . 101,306 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 75,997 shares.The stock last traded at $29.21 and had previously closed at $29.16.

ActivePassive Core Bond ETF Stock Performance

The business’s 50 day simple moving average is $29.35 and its two-hundred day simple moving average is $29.40.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

A hedge fund recently raised its stake in ActivePassive Core Bond ETF stock. Pinnacle Bancorp Inc. raised its stake in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) by 182.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,395 shares of the company’s stock after purchasing an additional 1,547 shares during the period. Pinnacle Bancorp Inc.’s holdings in ActivePassive Core Bond ETF were worth $69,000 as of its most recent SEC filing.

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.