ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Unusually-High Trading Volume – Here’s Why

Shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) saw unusually-strong trading volume on Tuesday . Approximately 74,448 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 59,172 shares.The stock last traded at $29.75 and had previously closed at $29.70.

ActivePassive Core Bond ETF Stock Down 0.1%

The stock’s fifty day moving average is $29.77 and its two-hundred day moving average is $29.75.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently raised its position in ActivePassive Core Bond ETF stock. Wedbush Securities Inc. boosted its position in ActivePassive Core Bond ETF (NYSEARCA:APCB) by 4.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,827 shares of the company’s stock after buying an additional 2,689 shares during the quarter. Wedbush Securities Inc. owned approximately 0.21% of ActivePassive Core Bond ETF worth $1,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.