Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Shares Acquired by World Equity Group Inc.

World Equity Group Inc. boosted its position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 51.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,819 shares of the company’s stock after buying an additional 3,357 shares during the period. World Equity Group Inc.’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Pacer Cash Cows Fund of Funds ETF in the second quarter valued at $26,000. Cozad Asset Management Inc. purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF in the 1st quarter worth about $205,000. Patriot Financial Group Insurance Agency LLC grew its stake in Pacer Cash Cows Fund of Funds ETF by 27.8% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,741 shares of the company’s stock valued at $251,000 after acquiring an additional 1,467 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp purchased a new position in Pacer Cash Cows Fund of Funds ETF during the 2nd quarter valued at about $310,000. Finally, Avantax Advisory Services Inc. raised its position in Pacer Cash Cows Fund of Funds ETF by 36.0% during the first quarter. Avantax Advisory Services Inc. now owns 19,854 shares of the company’s stock worth $780,000 after acquiring an additional 5,258 shares during the last quarter.

Pacer Cash Cows Fund of Funds ETF Price Performance

Shares of NASDAQ HERD opened at $39.22 on Tuesday. The firm’s 50-day moving average is $39.18 and its two-hundred day moving average is $38.50. Pacer Cash Cows Fund of Funds ETF has a 12-month low of $33.30 and a 12-month high of $40.09. The company has a market capitalization of $90.21 million, a PE ratio of 7.15 and a beta of 1.00.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 27th were given a dividend of $0.1581 per share. This represents a $0.63 annualized dividend and a yield of 1.61%. The ex-dividend date was Friday, September 27th.

About Pacer Cash Cows Fund of Funds ETF

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.