Magnolia Capital Advisors LLC Has $3.54 Million Stake in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Magnolia Capital Advisors LLC boosted its holdings in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 175,950 shares of the company’s stock after purchasing an additional 1,185 shares during the quarter. Magnolia Capital Advisors LLC owned about 1.98% of Pacer Trendpilot US Bond ETF worth $3,537,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Pacer Trendpilot US Bond ETF in the second quarter worth approximately $1,595,000. Private Advisor Group LLC purchased a new stake in Pacer Trendpilot US Bond ETF in the 1st quarter valued at $765,000. ODonnell Financial Services LLC lifted its stake in Pacer Trendpilot US Bond ETF by 13.3% during the 2nd quarter. ODonnell Financial Services LLC now owns 282,907 shares of the company’s stock valued at $5,686,000 after acquiring an additional 33,163 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in Pacer Trendpilot US Bond ETF during the 2nd quarter valued at $529,000. Finally, Atria Investments Inc boosted its holdings in Pacer Trendpilot US Bond ETF by 10.9% during the 1st quarter. Atria Investments Inc now owns 229,418 shares of the company’s stock worth $4,679,000 after acquiring an additional 22,557 shares during the last quarter.

Pacer Trendpilot US Bond ETF Trading Up 0.2 %

Shares of PTBD stock opened at $20.66 on Monday. The firm has a 50-day moving average of $20.56 and a 200-day moving average of $20.36. Pacer Trendpilot US Bond ETF has a one year low of $19.05 and a one year high of $20.91.

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.