Cetera Advisors LLC Grows Stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Cetera Advisors LLC increased its holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 16.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,465 shares of the company’s stock after purchasing an additional 10,563 shares during the period. Cetera Advisors LLC owned 0.77% of Pacer Trendpilot US Bond ETF worth $1,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Money Concepts Capital Corp purchased a new position in shares of Pacer Trendpilot US Bond ETF during the fourth quarter valued at about $35,000. Bank of Montreal Can purchased a new position in Pacer Trendpilot US Bond ETF during the 2nd quarter valued at approximately $62,000. Worth Asset Management LLC bought a new stake in Pacer Trendpilot US Bond ETF in the 1st quarter worth approximately $68,000. UBS Group AG purchased a new stake in shares of Pacer Trendpilot US Bond ETF during the 1st quarter worth approximately $83,000. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of Pacer Trendpilot US Bond ETF during the 4th quarter valued at approximately $90,000.

Pacer Trendpilot US Bond ETF Price Performance

PTBD stock opened at $19.85 on Tuesday. The firm has a fifty day moving average price of $19.50 and a 200 day moving average price of $19.78. Pacer Trendpilot US Bond ETF has a fifty-two week low of $19.05 and a fifty-two week high of $21.22.

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.