Cetera Investment Advisers Purchases 156,366 Shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Cetera Investment Advisers raised its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 200.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 234,303 shares of the company’s stock after purchasing an additional 156,366 shares during the period. Cetera Investment Advisers owned approximately 2.63% of Pacer Trendpilot US Bond ETF worth $4,686,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Citadel Advisors LLC bought a new stake in shares of Pacer Trendpilot US Bond ETF during the fourth quarter worth $1,582,000. Aptus Capital Advisors LLC increased its position in shares of Pacer Trendpilot US Bond ETF by 115.6% during the fourth quarter. Aptus Capital Advisors LLC now owns 2,680 shares of the company’s stock worth $54,000 after acquiring an additional 1,437 shares in the last quarter. Jane Street Group LLC increased its position in shares of Pacer Trendpilot US Bond ETF by 325.9% during the fourth quarter. Jane Street Group LLC now owns 134,739 shares of the company’s stock worth $2,695,000 after acquiring an additional 103,104 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Pacer Trendpilot US Bond ETF during the fourth quarter worth $6,167,000. Finally, Wells Fargo & Company MN increased its position in shares of Pacer Trendpilot US Bond ETF by 11.3% during the fourth quarter. Wells Fargo & Company MN now owns 268,866 shares of the company’s stock worth $5,377,000 after acquiring an additional 27,229 shares in the last quarter.

Pacer Trendpilot US Bond ETF Price Performance

Shares of PTBD stock opened at $19.45 on Thursday. The firm has a fifty day moving average of $19.86 and a 200-day moving average of $20.09. Pacer Trendpilot US Bond ETF has a 12-month low of $19.35 and a 12-month high of $20.91.

Pacer Trendpilot US Bond ETF Company 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.