Pacer Advisors Inc. Raises Stock Holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Pacer Advisors Inc. lifted its holdings in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 534,535 shares of the company’s stock after purchasing an additional 38,949 shares during the quarter. Pacer Advisors Inc. owned approximately 0.06% of Pacer Trendpilot US Bond ETF worth $10,691,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Valmark Advisers Inc. purchased a new stake in shares of Pacer Trendpilot US Bond ETF in the third quarter valued at about $224,000. Freedom Investment Management Inc. raised its stake in Pacer Trendpilot US Bond ETF by 68.8% during the 3rd quarter. Freedom Investment Management Inc. now owns 16,846 shares of the company’s stock valued at $348,000 after acquiring an additional 6,864 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in Pacer Trendpilot US Bond ETF by 42.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 20,038 shares of the company’s stock worth $401,000 after acquiring an additional 5,958 shares during the period. Stifel Financial Corp grew its stake in shares of Pacer Trendpilot US Bond ETF by 28.7% in the 3rd quarter. Stifel Financial Corp now owns 25,666 shares of the company’s stock valued at $529,000 after purchasing an additional 5,725 shares during the last quarter. Finally, ORG Partners LLC increased its holdings in shares of Pacer Trendpilot US Bond ETF by 34.5% in the fourth quarter. ORG Partners LLC now owns 28,534 shares of the company’s stock valued at $571,000 after purchasing an additional 7,327 shares during the period.

Pacer Trendpilot US Bond ETF Stock Down 0.0 %

Shares of NYSEARCA PTBD opened at $20.20 on Wednesday. The stock has a fifty day moving average price of $20.18 and a 200 day moving average price of $20.36. Pacer Trendpilot US Bond ETF has a 1-year low of $19.88 and a 1-year 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.