ORG Wealth Partners LLC Has $937,000 Position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD)

ORG Wealth Partners LLC boosted its position in Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) by 4.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 46,869 shares of the company’s stock after purchasing an additional 1,836 shares during the quarter. Pacer Trendpilot US Bond ETF comprises approximately 0.3% of ORG Wealth Partners LLC’s portfolio, making the stock its 23rd largest holding. ORG Wealth Partners LLC’s holdings in Pacer Trendpilot US Bond ETF were worth $937,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Valmark Advisers Inc. bought a new stake in Pacer Trendpilot US Bond ETF during the third quarter worth about $224,000. Freedom Investment Management Inc. raised its stake in shares of Pacer Trendpilot US Bond ETF by 68.8% during the 3rd quarter. Freedom Investment Management Inc. now owns 16,846 shares of the company’s stock worth $348,000 after purchasing an additional 6,864 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Pacer Trendpilot US Bond ETF by 28.7% in the 3rd quarter. Stifel Financial Corp now owns 25,666 shares of the company’s stock valued at $529,000 after buying an additional 5,725 shares during the last quarter. ORG Partners LLC grew its stake in shares of Pacer Trendpilot US Bond ETF by 34.5% in the fourth quarter. ORG Partners LLC now owns 28,534 shares of the company’s stock valued at $571,000 after buying an additional 7,327 shares in the last quarter. Finally, City Center Advisors LLC increased its holdings in Pacer Trendpilot US Bond ETF by 6.3% during the third quarter. City Center Advisors LLC now owns 29,993 shares of the company’s stock worth $619,000 after buying an additional 1,785 shares during the last quarter.

Pacer Trendpilot US Bond ETF Stock Performance

PTBD stock traded down $0.07 during trading hours on Friday, reaching $20.01. The stock had a trading volume of 16,601 shares, compared to its average volume of 30,017. The stock has a 50-day simple moving average of $20.21 and a 200 day simple moving average of $20.36. Pacer Trendpilot US Bond ETF has a fifty-two week low of $19.88 and a fifty-two week high of $20.91.

Pacer Trendpilot US Bond ETF Company 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.