D.A. Davidson & CO. Boosts Stock Holdings in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

D.A. Davidson & CO. raised its position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 12.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,405 shares of the company’s stock after acquiring an additional 2,315 shares during the quarter. D.A. Davidson & CO. owned approximately 0.93% of Pacer Cash Cows Fund of Funds ETF worth $857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mirae Asset Securities USA Inc. purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF during the third quarter worth approximately $1,459,000. Oppenheimer Asset Management Inc. grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 15.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 25,423 shares of the company’s stock worth $1,018,000 after buying an additional 3,490 shares in the last quarter. World Equity Group Inc. grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 51.9% during the third quarter. World Equity Group Inc. now owns 9,819 shares of the company’s stock worth $393,000 after buying an additional 3,357 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in shares of Pacer Cash Cows Fund of Funds ETF by 35.8% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 9,157 shares of the company’s stock valued at $367,000 after buying an additional 2,416 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of Pacer Cash Cows Fund of Funds ETF by 552,783.7% in the third quarter. International Assets Investment Management LLC now owns 3,870,186 shares of the company’s stock worth $154,962,000 after buying an additional 3,869,486 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 0.7 %

Shares of NASDAQ HERD opened at $40.42 on Monday. The stock has a market cap of $92.97 million, a PE ratio of 7.15 and a beta of 1.00. Pacer Cash Cows Fund of Funds ETF has a 12-month low of $34.81 and a 12-month high of $40.74. The company has a 50-day moving average of $39.57 and a 200 day moving average of $38.72.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 27th were given a $0.1581 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.56%.

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.