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

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw strong trading volume on Friday . 98,586 shares traded hands during trading, an increase of 61% from the previous session’s volume of 61,297 shares.The stock last traded at $29.58 and had previously closed at $29.54.

ActivePassive Core Bond ETF Trading Up 0.3 %

The firm has a fifty day moving average of $29.09 and a two-hundred day moving average of $29.61.

Institutional Trading of ActivePassive Core Bond ETF

Several institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. boosted its stake in ActivePassive Core Bond ETF by 7.8% during the 3rd 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 last quarter. Pinnacle Bancorp Inc. boosted its stake in ActivePassive Core Bond ETF by 182.4% during the 4th 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 last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of ActivePassive Core Bond ETF in the 4th quarter worth $1,511,000.

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.