NewEdge Advisors LLC Raises Stake in Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT)

NewEdge Advisors LLC lifted its position in Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT) by 6.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 163,634 shares of the company’s stock after purchasing an additional 9,255 shares during the period. NewEdge Advisors LLC owned about 3.13% of Pacer Pacific Asset Floating Rate High Income ETF worth $7,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anfield Capital Management LLC purchased a new stake in Pacer Pacific Asset Floating Rate High Income ETF in the 2nd quarter worth $63,000. PSI Advisors LLC boosted its position in shares of Pacer Pacific Asset Floating Rate High Income ETF by 3.5% during the second quarter. PSI Advisors LLC now owns 12,966 shares of the company’s stock worth $617,000 after acquiring an additional 437 shares during the last quarter. Fifth Third Securities Inc. purchased a new position in Pacer Pacific Asset Floating Rate High Income ETF during the second quarter valued at $1,222,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Pacer Pacific Asset Floating Rate High Income ETF by 20.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 104,631 shares of the company’s stock valued at $4,976,000 after acquiring an additional 17,435 shares during the last quarter.

Pacer Pacific Asset Floating Rate High Income ETF Trading Down 0.1 %

Shares of FLRT stock opened at $47.49 on Tuesday. The company’s fifty day simple moving average is $47.65 and its two-hundred day simple moving average is $47.69. Pacer Pacific Asset Floating Rate High Income ETF has a 52 week low of $46.08 and a 52 week high of $48.07.

Pacer Pacific Asset Floating Rate High Income ETF Company Profile

The Pacer Pacific Asset Floating Rate High Income ETF (FLRT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund targeting floating-rate debt from non-investment-grade issuers. FLRT was launched on Feb 19, 2015 and is managed by Pacer.