Axxcess Wealth Management LLC Sells 26,313 Shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Axxcess Wealth Management LLC reduced its position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 61.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,320 shares of the company’s stock after selling 26,313 shares during the period. Axxcess Wealth Management LLC owned about 0.16% of Pacer Trendpilot US Bond ETF worth $334,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in PTBD. ODonnell Financial Services LLC acquired a new position in shares of Pacer Trendpilot US Bond ETF in the fourth quarter worth approximately $4,747,000. Atria Wealth Solutions Inc. acquired a new position in Pacer Trendpilot US Bond ETF in the fourth quarter valued at approximately $205,000. Magnolia Capital Advisors LLC acquired a new position in Pacer Trendpilot US Bond ETF in the fourth quarter valued at approximately $3,510,000. Imprint Wealth LLC lifted its stake in Pacer Trendpilot US Bond ETF by 3.2% in the fourth quarter. Imprint Wealth LLC now owns 32,665 shares of the company’s stock valued at $674,000 after buying an additional 1,028 shares during the period. Finally, ORG Partners LLC lifted its stake in Pacer Trendpilot US Bond ETF by 263.8% in the fourth quarter. ORG Partners LLC now owns 67,720 shares of the company’s stock valued at $1,386,000 after buying an additional 49,107 shares during the period.

Pacer Trendpilot US Bond ETF Price Performance

Shares of PTBD opened at $20.26 on Thursday. Pacer Trendpilot US Bond ETF has a 52-week low of $19.05 and a 52-week high of $20.72. The business’s 50 day moving average price is $20.26 and its two-hundred day moving average price is $20.18.

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.