Financial Perspectives Inc Has $64,000 Stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Financial Perspectives Inc lowered its position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 17.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,172 shares of the company’s stock after selling 656 shares during the period. Financial Perspectives Inc’s holdings in Pacer Trendpilot US Bond ETF were worth $64,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PTBD. Cetera Advisors LLC grew its holdings 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 last quarter. Creekmur Asset Management LLC bought a new stake in Pacer Trendpilot US Bond ETF during the 4th quarter worth approximately $37,000. Magnolia Capital Advisors LLC increased its position in Pacer Trendpilot US Bond ETF by 1.6% in the 1st quarter. Magnolia Capital Advisors LLC now owns 174,765 shares of the company’s stock valued at $3,474,000 after acquiring an additional 2,750 shares during the period. PFG Advisors raised its stake in shares of Pacer Trendpilot US Bond ETF by 6.9% during the first quarter. PFG Advisors now owns 49,002 shares of the company’s stock valued at $999,000 after acquiring an additional 3,150 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Pacer Trendpilot US Bond ETF during the second quarter worth $159,000.

Pacer Trendpilot US Bond ETF Price Performance

Shares of Pacer Trendpilot US Bond ETF stock opened at $20.84 on Monday. Pacer Trendpilot US Bond ETF has a twelve month low of $19.05 and a twelve month high of $20.87. The company’s fifty day moving average is $20.48 and its 200 day moving average is $20.33.

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.