Axxcess Wealth Management LLC reduced its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD – Free Report) by 9.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,606 shares of the company’s stock after selling 1,305 shares during the period. Axxcess Wealth Management LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $260,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 8.2% in the 2nd quarter. NewEdge Advisors LLC now owns 172,759 shares of the company’s stock valued at $3,472,000 after buying an additional 13,122 shares during the period. Inspire Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Bond ETF during the third quarter worth $6,200,000. Concurrent Investment Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Bond ETF during the second quarter worth $529,000. Cetera Advisors LLC grew its stake in shares of Pacer Trendpilot US Bond ETF by 1.7% during the first quarter. Cetera Advisors LLC now owns 44,375 shares of the company’s stock worth $905,000 after purchasing an additional 721 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Bond ETF during the second quarter worth $321,000.
Pacer Trendpilot US Bond ETF Stock Down 0.2 %
Shares of Pacer Trendpilot US Bond ETF stock opened at $20.25 on Friday. Pacer Trendpilot US Bond ETF has a 12 month low of $19.72 and a 12 month high of $20.91. The business has a fifty day simple moving average of $20.47 and a 200 day simple moving average of $20.37.
Pacer Trendpilot US Bond ETF Profile
The Pacer Trendpilot US Bond ETF (PTBD) is an exchange-traded fund that is based on the Pacer Trendpilot US Bond index. The fund tracks an index that uses a momentum-driven proprietary strategy that toggles between U.S. High Yield Corporate Bonds and 7-10 Year Treasury Bonds. PTBD was launched on Oct 22, 2019 and is managed by Pacer.
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Want to see what other hedge funds are holding PTBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD – Free Report).
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