Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) Plans $0.06 Monthly Dividend

Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) declared a monthly dividend on Wednesday, January 21st. Shareholders of record on Thursday, January 22nd will be given a dividend of 0.0612 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Thursday, January 22nd.

Pacer Trendpilot US Bond ETF Price Performance

Shares of NYSEARCA PTBD opened at $19.53 on Thursday. Pacer Trendpilot US Bond ETF has a 52-week low of $19.30 and a 52-week high of $20.40. The business has a fifty day moving average of $19.50 and a two-hundred day moving average of $19.67.

Institutional Investors Weigh In On Pacer Trendpilot US Bond ETF

A number of large investors have recently bought and sold shares of the business. Pacer Advisors Inc. raised its position in Pacer Trendpilot US Bond ETF by 2.1% in the 3rd quarter. Pacer Advisors Inc. now owns 578,247 shares of the company’s stock valued at $11,467,000 after purchasing an additional 11,962 shares during the last quarter. ODonnell Financial Services LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 3.6% in the third quarter. ODonnell Financial Services LLC now owns 347,665 shares of the company’s stock valued at $6,894,000 after buying an additional 12,087 shares in the last quarter. Napa Wealth Management bought a new position in shares of Pacer Trendpilot US Bond ETF in the second quarter valued at about $6,187,000. Creative Financial Designs Inc. ADV lifted its position in Pacer Trendpilot US Bond ETF by 3.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 264,787 shares of the company’s stock worth $5,251,000 after buying an additional 9,779 shares in the last quarter. Finally, Magnolia Capital Advisors LLC grew its holdings in Pacer Trendpilot US Bond ETF by 2.3% during the 3rd quarter. Magnolia Capital Advisors LLC now owns 188,669 shares of the company’s stock worth $3,741,000 after acquiring an additional 4,160 shares during the last quarter.

About Pacer Trendpilot US Bond ETF

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.