Capital Investment Advisory Services LLC Increases Stock Holdings in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Capital Investment Advisory Services LLC increased its holdings in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 3.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 68,511 shares of the company’s stock after buying an additional 2,517 shares during the period. Capital Investment Advisory Services LLC’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $2,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in HERD. Geneos Wealth Management Inc. lifted its stake in Pacer Cash Cows Fund of Funds ETF by 22.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 4,005 shares of the company’s stock worth $152,000 after purchasing an additional 730 shares in the last quarter. MML Investors Services LLC bought a new position in shares of Pacer Cash Cows Fund of Funds ETF during the 3rd quarter valued at about $217,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 35.8% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 9,157 shares of the company’s stock worth $367,000 after acquiring an additional 2,416 shares during the last quarter. World Equity Group Inc. lifted its stake in Pacer Cash Cows Fund of Funds ETF by 51.9% in the third quarter. World Equity Group Inc. now owns 9,819 shares of the company’s stock worth $393,000 after purchasing an additional 3,357 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in Pacer Cash Cows Fund of Funds ETF by 12.1% during the 3rd quarter. D.A. Davidson & CO. now owns 21,405 shares of the company’s stock valued at $857,000 after acquiring an additional 2,315 shares during the period.

Pacer Cash Cows Fund of Funds ETF Price Performance

Shares of NASDAQ:HERD opened at $39.09 on Thursday. Pacer Cash Cows Fund of Funds ETF has a 1 year low of $35.94 and a 1 year high of $40.74. The company has a market cap of $93.82 million, a PE ratio of 7.15 and a beta of 1.00. The stock’s 50-day moving average is $39.07 and its 200 day moving average is $38.98.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a dividend of $0.1612 per share. The ex-dividend date of this dividend was Monday, December 30th.

Pacer Cash Cows Fund of Funds ETF 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.