HighTower Advisors LLC Purchases 7,739 Shares of Overlay Shares Core Bond ETF (NYSEARCA:OVB)

HighTower Advisors LLC lifted its position in Overlay Shares Core Bond ETF (NYSEARCA:OVB) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 480,768 shares of the company’s stock after buying an additional 7,739 shares during the quarter. HighTower Advisors LLC owned approximately 0.22% of Overlay Shares Core Bond ETF worth $9,722,000 at the end of the most recent reporting period.

Separately, RPg Family Wealth Advisory LLC bought a new stake in shares of Overlay Shares Core Bond ETF in the 3rd quarter worth about $138,000.

Overlay Shares Core Bond ETF Stock Performance

OVB opened at $20.53 on Tuesday. The firm’s 50-day simple moving average is $20.47 and its 200-day simple moving average is $20.79. Overlay Shares Core Bond ETF has a twelve month low of $19.66 and a twelve month high of $21.82. The firm has a market cap of $52.76 million, a price-to-earnings ratio of 26.11 and a beta of 0.33.

About Overlay Shares Core Bond ETF

The Overlay Shares Core Bond ETF (OVB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is actively managed to provide exposure to U.S. Investment-grade bonds combined with a U.S OVB was launched on Sep 30, 2019 and is managed by Overlay Shares.