ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Strong Trading Volume – Here’s Why

ActivePassive Core Bond ETF (NYSEARCA:APCBGet Free Report) saw an uptick in trading volume on Thursday . 69,179 shares were traded during mid-day trading, an increase of 3% from the previous session’s volume of 67,134 shares.The stock last traded at $29.28 and had previously closed at $29.43.

ActivePassive Core Bond ETF Price Performance

The business has a 50-day moving average of $29.18 and a 200 day moving average of $29.56.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

Hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. raised its position in ActivePassive Core Bond ETF by 182.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 2,395 shares of the company’s stock valued at $69,000 after purchasing an additional 1,547 shares during the period. First Horizon Advisors Inc. raised its position in ActivePassive Core Bond ETF by 7.8% during the third quarter. First Horizon Advisors Inc. now owns 6,863 shares of the company’s stock valued at $208,000 after purchasing an additional 498 shares during the period. Finally, OLD Mission Capital LLC purchased a new stake in ActivePassive Core Bond ETF during the fourth quarter valued at approximately $1,511,000.

About ActivePassive Core Bond ETF

(Get Free Report)

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.

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