Oppenheimer Asset Management Inc. Grows Stock Position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Oppenheimer Asset Management Inc. boosted its position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 11.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,242 shares of the company’s stock after purchasing an additional 2,819 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $1,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of HERD. Geneos Wealth Management Inc. grew its position in shares of Pacer Cash Cows Fund of Funds ETF by 22.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 4,005 shares of the company’s stock valued at $152,000 after purchasing an additional 730 shares in the last quarter. MML Investors Services LLC purchased a new position in shares of Pacer Cash Cows Fund of Funds ETF in the third quarter valued at $217,000. World Equity Group Inc. grew its position in shares of 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 valued at $393,000 after purchasing an additional 3,357 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of Pacer Cash Cows Fund of Funds ETF by 2.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,700 shares of the company’s stock valued at $519,000 after purchasing an additional 318 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Pacer Cash Cows Fund of Funds ETF by 12.1% in the third quarter. D.A. Davidson & CO. now owns 21,405 shares of the company’s stock valued at $857,000 after purchasing an additional 2,315 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Stock Performance

Shares of NASDAQ HERD opened at $37.56 on Wednesday. The stock has a market cap of $88.27 million, a PE ratio of 12.86 and a beta of 0.98. Pacer Cash Cows Fund of Funds ETF has a fifty-two week low of $36.29 and a fifty-two week high of $40.74. The stock has a fifty day moving average of $38.68 and a 200-day moving average of $39.11.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

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

About Pacer Cash Cows Fund of Funds ETF

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.