Steward Partners Investment Advisory LLC Has $730,000 Stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Steward Partners Investment Advisory LLC raised its position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 482.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 36,489 shares of the company’s stock after acquiring an additional 30,225 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $730,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Pacer Advisors Inc. grew its stake in shares of 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 valued at $10,691,000 after purchasing an additional 38,949 shares during the last quarter. Atria Investments Inc boosted its stake in Pacer Trendpilot US Bond ETF by 3.3% in the third quarter. Atria Investments Inc now owns 236,432 shares of the company’s stock valued at $4,878,000 after acquiring an additional 7,606 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in Pacer Trendpilot US Bond ETF by 2.1% in the fourth quarter. Sanctuary Advisors LLC now owns 214,254 shares of the company’s stock worth $4,333,000 after purchasing an additional 4,382 shares during the period. ORG Wealth Partners LLC raised its holdings in Pacer Trendpilot US Bond ETF by 4.1% in the fourth quarter. ORG Wealth Partners LLC now owns 46,869 shares of the company’s stock worth $937,000 after purchasing an additional 1,836 shares during the period. Finally, Perigon Wealth Management LLC raised its holdings in Pacer Trendpilot US Bond ETF by 1.5% in the fourth quarter. Perigon Wealth Management LLC now owns 42,089 shares of the company’s stock worth $850,000 after purchasing an additional 613 shares during the period.

Pacer Trendpilot US Bond ETF Stock Performance

Shares of NYSEARCA:PTBD opened at $20.08 on Wednesday. Pacer Trendpilot US Bond ETF has a 12 month low of $19.88 and a 12 month high of $20.91. The company’s fifty day simple moving average is $20.20 and its 200 day simple moving average is $20.32.

About Pacer Trendpilot US Bond ETF

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.