Pacer Advisors Inc. Sells 36,336 Shares of Pacer Trendpilot US Bond ETF $PTBD

Pacer Advisors Inc. decreased its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 6.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 541,911 shares of the company’s stock after selling 36,336 shares during the period. Pacer Advisors Inc. owned about 0.10% of Pacer Trendpilot US Bond ETF worth $10,513,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new stake in Pacer Trendpilot US Bond ETF during the 4th quarter worth $1,809,000. Jane Street Group LLC lifted its holdings in Pacer Trendpilot US Bond ETF by 120.4% during the fourth quarter. Jane Street Group LLC now owns 132,132 shares of the company’s stock worth $2,563,000 after acquiring an additional 72,172 shares in the last quarter. Wealthspire Retirement LLC acquired a new position in Pacer Trendpilot US Bond ETF in the fourth quarter valued at about $567,000. Hyundai Investments Co. Ltd. acquired a new position in Pacer Trendpilot US Bond ETF in the fourth quarter valued at about $429,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Pacer Trendpilot US Bond ETF by 2,182.1% in the fourth quarter. Farther Finance Advisors LLC now owns 18,919 shares of the company’s stock worth $367,000 after acquiring an additional 18,090 shares in the last quarter.

Pacer Trendpilot US Bond ETF Price Performance

NYSEARCA PTBD opened at $19.26 on Monday. The stock’s 50-day moving average is $19.19 and its 200-day moving average is $19.28. Pacer Trendpilot US Bond ETF has a one year low of $18.69 and a one year high of $20.00.

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.