Maridea Wealth Management LLC Buys Shares of 63,658 Pacer Trendpilot US Bond ETF $PTBD

Maridea Wealth Management LLC purchased a new position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 63,658 shares of the company’s stock, valued at approximately $1,208,000. Maridea Wealth Management LLC owned 1.27% of Pacer Trendpilot US Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Geneos Wealth Management Inc. grew its holdings in shares of Pacer Trendpilot US Bond ETF by 17.0% in the second quarter. Geneos Wealth Management Inc. now owns 6,277 shares of the company’s stock valued at $124,000 after purchasing an additional 910 shares in the last quarter. Truist Financial Corp lifted its holdings in Pacer Trendpilot US Bond ETF by 5.0% during the 4th quarter. Truist Financial Corp now owns 12,647 shares of the company’s stock worth $245,000 after buying an additional 603 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in Pacer Trendpilot US Bond ETF by 191.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,546 shares of the company’s stock valued at $282,000 after buying an additional 9,561 shares during the period. Farther Finance Advisors LLC boosted its position in Pacer Trendpilot US Bond ETF by 2,182.1% in the 4th quarter. Farther Finance Advisors LLC now owns 18,919 shares of the company’s stock valued at $367,000 after buying an additional 18,090 shares during the period. Finally, ORG Partners LLC grew its stake in shares of Pacer Trendpilot US Bond ETF by 3.2% in the fourth quarter. ORG Partners LLC now owns 21,599 shares of the company’s stock worth $419,000 after acquiring an additional 670 shares in the last quarter.

Pacer Trendpilot US Bond ETF Stock Performance

NYSEARCA:PTBD opened at $19.13 on Friday. Pacer Trendpilot US Bond ETF has a 52 week low of $18.69 and a 52 week high of $20.00. The company has a fifty day simple moving average of $19.18 and a two-hundred day simple moving average of $19.27.

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.