Morey & Quinn Wealth Partners LLC Buys Shares of 13,309 Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Morey & Quinn Wealth Partners LLC purchased a new position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 13,309 shares of the company’s stock, valued at approximately $266,000. Morey & Quinn Wealth Partners LLC owned about 0.15% of Pacer Trendpilot US Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PTBD. Raymond James Financial Inc. acquired a new stake in Pacer Trendpilot US Bond ETF during the 4th quarter worth $6,167,000. Inspire Advisors LLC boosted its position in Pacer Trendpilot US Bond ETF by 47.7% during the fourth quarter. Inspire Advisors LLC now owns 443,946 shares of the company’s stock worth $8,879,000 after acquiring an additional 143,423 shares during the last quarter. Pacer Advisors Inc. boosted its position in Pacer Trendpilot US Bond ETF by 7.9% during the fourth quarter. Pacer Advisors Inc. now owns 534,535 shares of the company’s stock worth $10,691,000 after acquiring an additional 38,949 shares during the last quarter. OFC Financial Planning LLC purchased a new stake in Pacer Trendpilot US Bond ETF during the 4th quarter valued at about $701,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in Pacer Trendpilot US Bond ETF by 482.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 36,489 shares of the company’s stock valued at $730,000 after acquiring an additional 30,225 shares during the last quarter.

Pacer Trendpilot US Bond ETF Price Performance

PTBD opened at $20.16 on Wednesday. The company’s 50 day simple moving average is $20.22 and its two-hundred day simple moving average is $20.29. 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.