Harbour Investments Inc. Lowers Position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Harbour Investments Inc. reduced its stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 21.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,436 shares of the company’s stock after selling 1,789 shares during the quarter. Harbour Investments Inc.’s holdings in Pacer Trendpilot US Bond ETF were worth $129,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of PTBD. Allworth Financial LP purchased a new stake in Pacer Trendpilot US Bond ETF in the 4th quarter valued at $30,000. Freedom Investment Management Inc. grew its stake in Pacer Trendpilot US Bond ETF by 68.8% in the 3rd quarter. Freedom Investment Management Inc. now owns 16,846 shares of the company’s stock valued at $348,000 after purchasing an additional 6,864 shares during the period. Kingswood Wealth Advisors LLC grew its stake in Pacer Trendpilot US Bond ETF by 42.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 20,038 shares of the company’s stock valued at $401,000 after purchasing an additional 5,958 shares during the period. Stifel Financial Corp grew its stake in 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 period. Finally, ORG Partners LLC grew its stake in Pacer Trendpilot US Bond ETF by 34.5% in the 4th 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 Performance

Shares of NYSEARCA:PTBD opened at $20.17 on Friday. The business has a fifty day moving average price of $20.21 and a two-hundred day moving average price of $20.30. 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 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.