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

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw unusually-high trading volume on Monday . Approximately 64,005 shares were traded during trading, an increase of 19% from the previous session’s volume of 53,916 shares.The stock last traded at $29.24 and had previously closed at $29.27.

ActivePassive Core Bond ETF Stock Performance

The company’s fifty day moving average is $29.17 and its 200-day moving average is $29.67.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Fortitude Family Office LLC bought a new stake in ActivePassive Core Bond ETF during the third quarter valued at about $58,000. Pinnacle Bancorp Inc. raised its holdings in ActivePassive Core Bond ETF by 182.4% in the fourth quarter. Pinnacle Bancorp Inc. now owns 2,395 shares of the company’s stock worth $69,000 after purchasing an additional 1,547 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of 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 buying an additional 498 shares during the last quarter.

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.