Obermeyer Wealth Partners Invests $791,000 in Pacer Cash Cows Fund of Funds ETF $HERD

Obermeyer Wealth Partners acquired a new stake in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,867 shares of the company’s stock, valued at approximately $791,000. Obermeyer Wealth Partners owned approximately 0.95% of Pacer Cash Cows Fund of Funds ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV lifted its position in Pacer Cash Cows Fund of Funds ETF by 90.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,774 shares of the company’s stock worth $110,000 after purchasing an additional 1,314 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of Pacer Cash Cows Fund of Funds ETF in the 2nd quarter worth $141,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Pacer Cash Cows Fund of Funds ETF by 12.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,426 shares of the company’s stock worth $344,000 after buying an additional 912 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 23.4% in the first quarter. Avantax Advisory Services Inc. now owns 26,944 shares of the company’s stock valued at $1,009,000 after buying an additional 5,101 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in Pacer Cash Cows Fund of Funds ETF by 12.4% during the first quarter. D.A. Davidson & CO. now owns 29,230 shares of the company’s stock valued at $1,095,000 after buying an additional 3,235 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 0.5%

Shares of Pacer Cash Cows Fund of Funds ETF stock opened at $42.94 on Monday. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $32.28 and a 52 week high of $43.29. The stock has a market cap of $88.02 million, a PE ratio of 13.06 and a beta of 0.89. The company’s 50-day moving average price is $42.43 and its two-hundred day moving average price is $40.48.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 11th. Investors of record on Friday, September 5th were paid a dividend of $0.1873 per share. The ex-dividend date of this dividend was Friday, September 5th.

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.