Kestra Private Wealth Services LLC Purchases New Position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Kestra Private Wealth Services LLC purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,900 shares of the company’s stock, valued at approximately $525,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HERD. Stratos Wealth Partners LTD. increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 53.3% during the third quarter. Stratos Wealth Partners LTD. now owns 17,183 shares of the company’s stock valued at $594,000 after acquiring an additional 5,974 shares in the last quarter. Centric Wealth Management purchased a new stake in Pacer Cash Cows Fund of Funds ETF in the third quarter worth approximately $371,000. Prosperity Wealth Management Inc. boosted its holdings in Pacer Cash Cows Fund of Funds ETF by 9.2% in the third quarter. Prosperity Wealth Management Inc. now owns 31,430 shares of the company’s stock worth $1,087,000 after purchasing an additional 2,645 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Pacer Cash Cows Fund of Funds ETF by 13.5% in the third quarter. Avantax Advisory Services Inc. now owns 8,074 shares of the company’s stock worth $279,000 after purchasing an additional 962 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Pacer Cash Cows Fund of Funds ETF by 74.5% in the third quarter. Envestnet Asset Management Inc. now owns 152,339 shares of the company’s stock worth $5,268,000 after purchasing an additional 65,053 shares during the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 0.8 %

Shares of HERD stock opened at $38.31 on Tuesday. Pacer Cash Cows Fund of Funds ETF has a 12-month low of $31.57 and a 12-month high of $39.56. The firm’s 50 day moving average is $38.27 and its 200 day moving average is $36.67. The stock has a market capitalization of $95.77 million, a P/E ratio of 6.98 and a beta of 1.00.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Monday, March 25th were issued a $0.1384 dividend. This represents a $0.55 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Friday, March 22nd.

Pacer Cash Cows Fund of Funds ETF Company Profile

The Pacer Cash Cows Fund of Funds ETF (HERD) is an exchange-traded fund that is based on the Pacer Cash Cows Fund of Funds index. The fund tracks an index of five equally-weighted funds focused on companies in developed markets with high free cash flow yields. HERD was launched on May 3, 2019 and is managed by Pacer.