Citadel Advisors LLC Makes New $1.58 Million Investment in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

Citadel Advisors LLC acquired a new stake in shares of Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 79,122 shares of the company’s stock, valued at approximately $1,582,000. Citadel Advisors LLC owned approximately 0.89% of Pacer Trendpilot US Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in PTBD. Aptus Capital Advisors LLC lifted its stake in shares of Pacer Trendpilot US Bond ETF by 115.6% in the 4th quarter. Aptus Capital Advisors LLC now owns 2,680 shares of the company’s stock valued at $54,000 after purchasing an additional 1,437 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Pacer Trendpilot US Bond ETF by 325.9% during the 4th quarter. Jane Street Group LLC now owns 134,739 shares of the company’s stock valued at $2,695,000 after purchasing an additional 103,104 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Pacer Trendpilot US Bond ETF during the fourth quarter valued at about $6,167,000. Wells Fargo & Company MN lifted its stake in shares of Pacer Trendpilot US Bond ETF by 11.3% during the fourth quarter. Wells Fargo & Company MN now owns 268,866 shares of the company’s stock worth $5,377,000 after buying an additional 27,229 shares during the period. Finally, Morey & Quinn Wealth Partners LLC purchased a new position in shares of Pacer Trendpilot US Bond ETF in the fourth quarter worth about $266,000.

Pacer Trendpilot US Bond ETF Stock Performance

NYSEARCA PTBD opened at $19.43 on Monday. The company has a fifty day moving average of $19.78 and a 200 day moving average of $20.06. Pacer Trendpilot US Bond ETF has a 1 year low of $19.35 and a 1 year high of $20.91.

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.