Axxcess Wealth Management LLC Trims Stake in 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 its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,320 shares of the company’s stock after selling 26,313 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $334,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. ODonnell Financial Services LLC acquired a new stake in Pacer Trendpilot US Bond ETF during the 4th quarter worth about $4,747,000. Kestra Advisory Services LLC lifted its holdings in shares of Pacer Trendpilot US Bond ETF by 4.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 221,212 shares of the company’s stock valued at $4,311,000 after buying an additional 8,544 shares during the period. Atria Investments Inc lifted its holdings in shares of Pacer Trendpilot US Bond ETF by 32.4% in the 3rd quarter. Atria Investments Inc now owns 186,488 shares of the company’s stock valued at $3,635,000 after buying an additional 45,639 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of Pacer Trendpilot US Bond ETF by 0.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 185,042 shares of the company’s stock valued at $3,788,000 after buying an additional 746 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new position in shares of Pacer Trendpilot US Bond ETF in the 4th quarter valued at about $3,510,000.

Pacer Trendpilot US Bond ETF Price Performance

Shares of PTBD stock opened at $20.26 on Thursday. The business has a 50-day simple moving average of $20.26 and a 200-day simple moving average of $20.18. Pacer Trendpilot US Bond ETF has a 52-week low of $19.05 and a 52-week high of $20.72.

Pacer Trendpilot US Bond ETF Company 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.