Aveo Capital Partners LLC Reduces Position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Aveo Capital Partners LLC reduced its position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 64.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,315 shares of the company’s stock after selling 48,961 shares during the quarter. Aveo Capital Partners LLC’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $1,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in 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 buying an additional 730 shares during the last quarter. MML Investors Services LLC bought a new position in shares of Pacer Cash Cows Fund of Funds ETF during the third quarter valued at approximately $217,000. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 35.8% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 9,157 shares of the company’s stock valued at $367,000 after purchasing an additional 2,416 shares during 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 valued at $393,000 after purchasing an additional 3,357 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 2.4% during 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 during the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 0.3 %

NASDAQ:HERD opened at $39.43 on Friday. The firm has a market capitalization of $94.62 million, a PE ratio of 7.15 and a beta of 1.00. The stock has a 50 day moving average of $38.78 and a 200-day moving average of $39.01. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $35.94 and a 52 week high of $40.74.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

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

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.