Stifel Financial Corp Purchases 5,725 Shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Stifel Financial Corp lifted its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 28.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,666 shares of the company’s stock after acquiring an additional 5,725 shares during the quarter. Stifel Financial Corp owned 0.29% of Pacer Trendpilot US Bond ETF worth $529,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new position in Pacer Trendpilot US Bond ETF during the 2nd quarter valued at about $159,000. Valmark Advisers Inc. bought a new position in shares of Pacer Trendpilot US Bond ETF during the third quarter valued at approximately $224,000. Freedom Investment Management Inc. increased its holdings in Pacer Trendpilot US Bond ETF by 68.8% during the third quarter. Freedom Investment Management Inc. now owns 16,846 shares of the company’s stock valued at $348,000 after buying an additional 6,864 shares during the period. Concurrent Investment Advisors LLC bought a new position in Pacer Trendpilot US Bond ETF in the second quarter worth approximately $529,000. Finally, City Center Advisors LLC lifted its holdings in Pacer Trendpilot US Bond ETF by 6.3% during the third quarter. City Center Advisors LLC now owns 29,993 shares of the company’s stock worth $619,000 after buying an additional 1,785 shares during the period.

Pacer Trendpilot US Bond ETF Stock Up 0.2 %

Shares of NYSEARCA PTBD opened at $20.18 on Friday. Pacer Trendpilot US Bond ETF has a 12-month low of $19.88 and a 12-month high of $20.91. The stock’s fifty day simple moving average is $20.24 and its two-hundred day simple moving average is $20.38.

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.