Obermeyer Wealth Partners Buys 13,817 Shares of Pacer Cash Cows Fund of Funds ETF $HERD

Obermeyer Wealth Partners bought a new stake in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,817 shares of the company’s stock, valued at approximately $675,000. Obermeyer Wealth Partners owned 0.67% of Pacer Cash Cows Fund of Funds ETF as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 76.6% during the third quarter. Farther Finance Advisors LLC now owns 4,937 shares of the company’s stock valued at $241,000 after buying an additional 2,142 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Pacer Cash Cows Fund of Funds ETF by 3.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 253,888 shares of the company’s stock worth $11,949,000 after acquiring an additional 7,378 shares during the period. Ameritas Advisory Services LLC purchased a new position in Pacer Cash Cows Fund of Funds ETF during the 2nd quarter valued at about $161,000. World Equity Group Inc. grew its stake in Pacer Cash Cows Fund of Funds ETF by 2.0% during the 2nd quarter. World Equity Group Inc. now owns 11,064 shares of the company’s stock valued at $521,000 after acquiring an additional 218 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Pacer Cash Cows Fund of Funds ETF by 124.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,931 shares of the company’s stock valued at $180,000 after acquiring an additional 2,178 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Price Performance

Shares of HERD opened at $50.99 on Thursday. The company has a market capitalization of $104.53 million, a price-to-earnings ratio of 13.06 and a beta of 0.80. Pacer Cash Cows Fund of Funds ETF has a fifty-two week low of $41.83 and a fifty-two week high of $53.00. The business’s 50-day moving average is $50.87 and its 200-day moving average is $49.02.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Friday, September 4th were issued a dividend of $0.5476 per share. This represents a $2.19 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, September 4th.

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.