ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Large Volume Increase – What’s Next?

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw unusually-high trading volume on Wednesday . Approximately 409,464 shares were traded during mid-day trading, an increase of 261% from the previous session’s volume of 113,482 shares.The stock last traded at $29.38 and had previously closed at $29.38.

ActivePassive Core Bond ETF Price Performance

The business’s 50-day simple moving average is $29.22 and its 200-day simple moving average is $29.54.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. raised its holdings in shares of 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 in the last quarter. First Horizon Advisors Inc. boosted its holdings in ActivePassive Core Bond ETF by 7.8% in the third quarter. First Horizon Advisors Inc. now owns 6,863 shares of the company’s stock worth $208,000 after purchasing an additional 498 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new position in ActivePassive Core Bond ETF during the fourth 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.