Maridea Wealth Management LLC Takes Position in Pacer Trendpilot US Bond ETF $PTBD

Maridea Wealth Management LLC acquired a new position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 63,658 shares of the company’s stock, valued at approximately $1,208,000.

A number of other large investors have also recently made changes to their positions in PTBD. NewEdge Advisors LLC lifted its stake in Pacer Trendpilot US Bond ETF by 5.5% in the fourth quarter. NewEdge Advisors LLC now owns 150,843 shares of the company’s stock worth $2,926,000 after acquiring an additional 7,927 shares during the last quarter. Jane Street Group LLC grew its holdings in Pacer Trendpilot US Bond ETF by 120.4% during the 4th quarter. Jane Street Group LLC now owns 132,132 shares of the company’s stock worth $2,563,000 after acquiring an additional 72,172 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Pacer Trendpilot US Bond ETF in the 4th quarter valued at approximately $1,809,000. Wealthspire Retirement LLC purchased a new stake in shares of Pacer Trendpilot US Bond ETF in the 4th quarter valued at approximately $567,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Pacer Trendpilot US Bond ETF by 17.0% in the 2nd 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.

Pacer Trendpilot US Bond ETF Price Performance

Pacer Trendpilot US Bond ETF stock opened at $19.13 on Friday. The company has a fifty day simple moving average of $19.18 and a 200-day simple moving average of $19.27. Pacer Trendpilot US Bond ETF has a 12-month low of $18.69 and a 12-month high of $20.00.

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.