ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Strong Trading Volume – Here’s What Happened

ActivePassive Core Bond ETF (NYSEARCA:APCB) shares saw unusually-high trading volume on Friday . Approximately 209,728 shares were traded during mid-day trading, an increase of 218% from the previous session’s volume of 65,963 shares.The stock last traded at $29.43 and had previously closed at $29.35.

ActivePassive Core Bond ETF Stock Performance

The business has a 50 day moving average of $29.14 and a 200 day moving average of $29.59.

Institutional Trading of ActivePassive Core Bond ETF

Institutional investors have recently bought and sold shares of the company. Pinnacle Bancorp Inc. lifted its stake in ActivePassive Core Bond ETF by 182.4% during the 4th quarter. Pinnacle Bancorp Inc. now owns 2,395 shares of the company’s stock valued at $69,000 after acquiring an additional 1,547 shares during the period. First Horizon Advisors Inc. lifted its stake in ActivePassive Core Bond ETF by 7.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 6,863 shares of the company’s stock valued at $208,000 after acquiring an additional 498 shares during the period. Finally, OLD Mission Capital LLC bought a new position in ActivePassive Core Bond ETF during the 4th quarter valued at about $1,511,000.

About ActivePassive Core Bond ETF

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.