Private Advisor Group LLC Lowers Stock Holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Private Advisor Group LLC lessened its holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 4.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 35,105 shares of the company’s stock after selling 1,515 shares during the quarter. Private Advisor Group LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in Pacer Trendpilot US Bond ETF during the 2nd quarter valued at approximately $159,000. Kingswood Wealth Advisors LLC bought a new position in shares of Pacer Trendpilot US Bond ETF during the 2nd quarter valued at approximately $321,000. Concurrent Investment Advisors LLC purchased a new position in shares of Pacer Trendpilot US Bond ETF in the second quarter valued at $529,000. City Center Advisors LLC increased its position in Pacer Trendpilot US Bond ETF by 6.3% in the third quarter. City Center Advisors LLC now owns 29,993 shares of the company’s stock worth $619,000 after purchasing an additional 1,785 shares during the last quarter. Finally, Cetera Advisors LLC raised its stake in 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 valued at $905,000 after purchasing an additional 721 shares in the last quarter.

Pacer Trendpilot US Bond ETF Stock Down 0.0 %

Shares of NYSEARCA:PTBD opened at $20.12 on Friday. Pacer Trendpilot US Bond ETF has a 12 month low of $19.41 and a 12 month high of $20.91. The company has a 50-day moving average price of $20.50 and a 200 day moving average price of $20.36.

About Pacer Trendpilot US Bond ETF

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.