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

Kestra Private Wealth Services LLC purchased a new stake in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,900 shares of the company’s stock, valued at approximately $525,000. Kestra Private Wealth Services LLC owned approximately 0.59% of Pacer Cash Cows Fund of Funds ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Avantax Advisory Services Inc. lifted its position in Pacer Cash Cows Fund of Funds ETF by 13.5% in the 3rd quarter. Avantax Advisory Services Inc. now owns 8,074 shares of the company’s stock valued at $279,000 after acquiring an additional 962 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 14.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 19,749 shares of the company’s stock worth $745,000 after buying an additional 2,566 shares in the last quarter. Prosperity Wealth Management Inc. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 9.2% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 31,430 shares of the company’s stock worth $1,087,000 after buying an additional 2,645 shares in the last quarter. Centric Wealth Management bought a new position in shares of Pacer Cash Cows Fund of Funds ETF during the 3rd quarter worth approximately $371,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 74.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 152,339 shares of the company’s stock worth $5,268,000 after buying an additional 65,053 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Stock Up 0.8 %

Pacer Cash Cows Fund of Funds ETF stock opened at $38.31 on Tuesday. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $31.57 and a 52 week high of $39.56. The company’s 50 day moving average price is $38.27 and its two-hundred day moving average price is $36.67. The stock has a market cap 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 company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Monday, March 25th were given a dividend of $0.1384 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $0.55 annualized dividend and a dividend yield of 1.45%.

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.