ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Large Volume Increase – Time to Buy?

ActivePassive Core Bond ETF (NYSEARCA:APCB) shares saw unusually-high trading volume on Friday . Approximately 81,795 shares changed hands during trading, an increase of 28% from the previous session’s volume of 63,839 shares.The stock last traded at $29.7010 and had previously closed at $29.69.

ActivePassive Core Bond ETF Trading Up 0.2%

The business has a fifty day moving average price of $29.81 and a 200 day moving average price of $29.73.

Hedge Funds Weigh In On ActivePassive Core Bond ETF

An institutional investor recently bought a new position in ActivePassive Core Bond ETF stock. Flow Traders U.S. LLC purchased a new position in ActivePassive Core Bond ETF (NYSEARCA:APCB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned approximately 0.17% of ActivePassive Core Bond ETF as of its most recent SEC filing.

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.