Harbour Investments Inc. Reduces Stock Position in Pacer Trendpilot US Bond ETF $PTBD

Harbour Investments Inc. reduced its holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 90.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,091 shares of the company’s stock after selling 127,436 shares during the period. Harbour Investments Inc. owned approximately 0.21% of Pacer Trendpilot US Bond ETF worth $278,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc purchased a new position in shares of Pacer Trendpilot US Bond ETF in the 2nd quarter worth $101,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Pacer Trendpilot US Bond ETF during the 1st quarter worth about $179,000. Morey & Quinn Wealth Partners LLC boosted its stake in shares of Pacer Trendpilot US Bond ETF by 20.7% during the 2nd quarter. Morey & Quinn Wealth Partners LLC now owns 16,069 shares of the company’s stock worth $317,000 after purchasing an additional 2,760 shares during the period. Private Advisor Group LLC boosted its stake in shares of Pacer Trendpilot US Bond ETF by 5.6% during the 1st quarter. Private Advisor Group LLC now owns 37,671 shares of the company’s stock worth $756,000 after purchasing an additional 1,997 shares during the period. Finally, Perigon Wealth Management LLC boosted its stake in shares of Pacer Trendpilot US Bond ETF by 5.1% during the 2nd quarter. Perigon Wealth Management LLC now owns 44,164 shares of the company’s stock worth $872,000 after purchasing an additional 2,126 shares during the period.

Pacer Trendpilot US Bond ETF Stock Down 0.1%

PTBD stock opened at $19.79 on Wednesday. Pacer Trendpilot US Bond ETF has a 12 month low of $19.35 and a 12 month high of $20.40. The company has a 50-day moving average price of $19.83 and a 200 day moving average price of $19.73.

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.