Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lowered its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,607 shares of the company’s stock after selling 700 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.29% of Pacer Trendpilot US Bond ETF worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Allworth Financial LP acquired a new position in shares of Pacer Trendpilot US Bond ETF during the fourth quarter valued at approximately $30,000. Valmark Advisers Inc. acquired a new position in shares of Pacer Trendpilot US Bond ETF during the third quarter valued at approximately $224,000. Freedom Investment Management Inc. increased its stake in shares of Pacer Trendpilot US Bond ETF by 68.8% during the third 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 period. Kingswood Wealth Advisors LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 42.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 20,038 shares of the company’s stock valued at $401,000 after acquiring an additional 5,958 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of Pacer Trendpilot US Bond ETF by 28.7% during the third quarter. Stifel Financial Corp now owns 25,666 shares of the company’s stock valued at $529,000 after acquiring an additional 5,725 shares during the period.

Pacer Trendpilot US Bond ETF Trading Up 0.2 %

NYSEARCA PTBD opened at $20.36 on Tuesday. Pacer Trendpilot US Bond ETF has a 12 month low of $19.88 and a 12 month high of $20.91. The company’s 50 day simple moving average is $20.17 and its 200 day simple moving average is $20.34.

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.