Advisory Resource Group Sells 24,655 Shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Advisory Resource Group trimmed its stake in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 11.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 195,456 shares of the company’s stock after selling 24,655 shares during the quarter. Pacer Cash Cows Fund of Funds ETF makes up 1.6% of Advisory Resource Group’s holdings, making the stock its 13th biggest holding. Advisory Resource Group owned about 0.08% of Pacer Cash Cows Fund of Funds ETF worth $7,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in HERD. International Assets Investment Management LLC increased its holdings in 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 purchasing an additional 3,869,486 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in 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 worth $367,000 after purchasing an additional 2,416 shares in the last quarter. World Equity Group Inc. increased its holdings in 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 worth $393,000 after purchasing an additional 3,357 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in Pacer Cash Cows Fund of Funds ETF by 15.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 25,423 shares of the company’s stock worth $1,018,000 after purchasing an additional 3,490 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new stake in Pacer Cash Cows Fund of Funds ETF in the third quarter worth approximately $1,459,000.

Pacer Cash Cows Fund of Funds ETF Stock Down 0.5 %

NASDAQ HERD opened at $38.75 on Friday. The company has a market cap of $93 million, a price-to-earnings ratio of 7.15 and a beta of 1.00. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $35.94 and a 52 week high of $40.74. The business has a 50 day moving average price of $38.89 and a 200-day moving average price of $38.99.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a dividend of $0.1612 per share. The ex-dividend date of this dividend 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.