Janney Montgomery Scott LLC Has $5.82 Million Position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF $QDPL

Janney Montgomery Scott LLC cut its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) by 2.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,495 shares of the company’s stock after selling 3,561 shares during the quarter. Janney Montgomery Scott LLC owned about 0.56% of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF worth $5,820,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter valued at approximately $41,000. Private Trust Co. NA lifted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.1% in the first quarter. Private Trust Co. NA now owns 5,306 shares of the company’s stock valued at $194,000 after acquiring an additional 444 shares during the last quarter. MMA Asset Management LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the first quarter valued at approximately $273,000. BigSur Wealth Management LLC raised its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 83.3% in the first quarter. BigSur Wealth Management LLC now owns 11,000 shares of the company’s stock valued at $408,000 after purchasing an additional 5,000 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 10.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 11,978 shares of the company’s stock valued at $437,000 after purchasing an additional 1,098 shares during the period.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Up 0.5%

NYSEARCA:QDPL opened at $42.24 on Tuesday. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12 month low of $31.79 and a 12 month high of $42.28. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 25.09 and a beta of 0.87. The company’s 50 day moving average is $41.09 and its 200-day moving average is $38.85.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 29th were given a $0.1385 dividend. This is a positive change from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, August 29th.

About Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance.