Magnolia Capital Advisors LLC Makes New Investment in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Magnolia Capital Advisors LLC purchased a new position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 172,015 shares of the company’s stock, valued at approximately $3,510,000. Pacer Trendpilot US Bond ETF accounts for about 2.6% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. International Assets Investment Management LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 0.9% during the fourth quarter. International Assets Investment Management LLC now owns 66,969 shares of the company’s stock worth $1,371,000 after buying an additional 604 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Pacer Trendpilot US Bond ETF by 0.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 185,042 shares of the company’s stock valued at $3,788,000 after acquiring an additional 746 shares in the last quarter. Imprint Wealth LLC raised its holdings in Pacer Trendpilot US Bond ETF by 3.2% in the fourth quarter. Imprint Wealth LLC now owns 32,665 shares of the company’s stock valued at $674,000 after acquiring an additional 1,028 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Pacer Trendpilot US Bond ETF by 4.0% in the third quarter. Kestra Advisory Services LLC now owns 221,212 shares of the company’s stock valued at $4,311,000 after acquiring an additional 8,544 shares in the last quarter. Finally, Atria Investments Inc raised its holdings in Pacer Trendpilot US Bond ETF by 32.4% in the third quarter. Atria Investments Inc now owns 186,488 shares of the company’s stock valued at $3,635,000 after acquiring an additional 45,639 shares in the last quarter.

Pacer Trendpilot US Bond ETF Stock Down 0.1 %

NYSEARCA:PTBD traded down $0.03 during mid-day trading on Wednesday, hitting $20.19. The stock had a trading volume of 19,517 shares, compared to its average volume of 34,966. The stock has a 50-day simple moving average of $20.30 and a two-hundred day simple moving average of $20.12. Pacer Trendpilot US Bond ETF has a twelve month low of $19.05 and a twelve month high of $20.72.

About Pacer Trendpilot US Bond ETF

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.