ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Unusually-High Trading Volume – What’s Next?

ActivePassive Core Bond ETF (NYSEARCA:APCB) shares saw unusually-high trading volume on Wednesday . Approximately 97,052 shares changed hands during trading, an increase of 90% from the previous session’s volume of 51,016 shares.The stock last traded at $29.02 and had previously closed at $29.09.

ActivePassive Core Bond ETF Stock Performance

The firm has a 50-day simple moving average of $29.28 and a two-hundred day simple moving average of $29.70.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

A number of institutional investors have recently modified their holdings of APCB. Fortitude Family Office LLC purchased a new stake in shares of ActivePassive Core Bond ETF during the 3rd quarter valued at approximately $58,000. First Horizon Advisors Inc. grew its stake in shares of ActivePassive Core Bond ETF by 7.8% in the third quarter. First Horizon Advisors Inc. now owns 6,863 shares of the company’s stock worth $208,000 after acquiring an additional 498 shares in the last quarter. Finally, Pinnacle Bancorp Inc. grew its stake in shares of ActivePassive Core Bond ETF by 182.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 2,395 shares of the company’s stock worth $69,000 after purchasing an additional 1,547 shares in the last quarter.

ActivePassive Core Bond ETF Company Profile

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.