Stratos Wealth Partners LTD. Lowers Stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Stratos Wealth Partners LTD. trimmed its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 13.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,445 shares of the company’s stock after selling 4,446 shares during the quarter. Stratos Wealth Partners LTD. owned 0.31% of Pacer Trendpilot US Bond ETF worth $549,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. grew its position in Pacer Trendpilot US Bond ETF by 7.9% in the fourth quarter. Pacer Advisors Inc. now owns 534,535 shares of the company’s stock valued at $10,691,000 after acquiring an additional 38,949 shares in the last quarter. Inspire Advisors LLC purchased a new position in shares of Pacer Trendpilot US Bond ETF in the third quarter valued at $6,200,000. Atria Investments Inc grew its holdings in Pacer Trendpilot US Bond ETF by 3.3% during the 3rd quarter. Atria Investments Inc now owns 236,432 shares of the company’s stock valued at $4,878,000 after purchasing an additional 7,606 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Pacer Trendpilot US Bond ETF by 13.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 209,872 shares of the company’s stock worth $4,235,000 after buying an additional 24,860 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Pacer Trendpilot US Bond ETF by 2.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 208,486 shares of the company’s stock worth $4,301,000 after buying an additional 5,572 shares in the last quarter.

Pacer Trendpilot US Bond ETF Stock Performance

Shares of Pacer Trendpilot US Bond ETF stock opened at $20.23 on Wednesday. Pacer Trendpilot US Bond ETF has a 1-year low of $19.88 and a 1-year high of $20.91. The business has a 50-day moving average of $20.17 and a 200-day moving average of $20.34.

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.