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

Magnolia Capital Advisors LLC acquired a new position in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 172,015 shares of the company’s stock, valued at approximately $3,510,000. Pacer Trendpilot US Bond ETF comprises 2.6% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Magnolia Capital Advisors LLC owned approximately 1.74% of Pacer Trendpilot US Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 3.2% in the 4th quarter. Imprint Wealth LLC now owns 32,665 shares of the company’s stock valued at $674,000 after buying an additional 1,028 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 263.8% in the 4th quarter. ORG Partners LLC now owns 67,720 shares of the company’s stock valued at $1,386,000 after buying an additional 49,107 shares in the last quarter. Clarus Group Inc. boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 119.8% in the 4th quarter. Clarus Group Inc. now owns 107,779 shares of the company’s stock valued at $2,206,000 after buying an additional 58,738 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 0.9% in the 4th quarter. International Assets Investment Management LLC now owns 66,969 shares of the company’s stock valued at $1,371,000 after buying an additional 604 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 0.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 185,042 shares of the company’s stock valued at $3,788,000 after buying an additional 746 shares in the last quarter.

Pacer Trendpilot US Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:PTBD traded down $0.03 during trading on Wednesday, reaching $20.19. The stock had a trading volume of 19,517 shares, compared to its average volume of 34,966. Pacer Trendpilot US Bond ETF has a one year low of $19.05 and a one year high of $20.72. The firm’s 50-day simple moving average is $20.30 and its 200 day simple moving average is $20.12.

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.