Pacer Global Cash Cows Dividend ETF $GCOW Shares Bought by Anchor Investment Management LLC

Anchor Investment Management LLC raised its stake in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 4.7% in the first quarter, HoldingsChannel reports. The fund owned 9,258 shares of the company’s stock after purchasing an additional 419 shares during the period. Anchor Investment Management LLC’s holdings in Pacer Global Cash Cows Dividend ETF were worth $342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Prostatis Group LLC raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 3.9% during the 1st quarter. Prostatis Group LLC now owns 92,517 shares of the company’s stock worth $3,421,000 after buying an additional 3,463 shares during the period. NewEdge Advisors LLC raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 0.6% during the 1st quarter. NewEdge Advisors LLC now owns 62,497 shares of the company’s stock worth $2,311,000 after buying an additional 359 shares during the period. Royal Bank of Canada raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 3.4% during the 1st quarter. Royal Bank of Canada now owns 894,775 shares of the company’s stock worth $33,089,000 after buying an additional 29,796 shares during the period. Calton & Associates Inc. acquired a new position in shares of Pacer Global Cash Cows Dividend ETF during the 1st quarter worth approximately $2,483,000. Finally, Baird Financial Group Inc. raised its stake in shares of Pacer Global Cash Cows Dividend ETF by 7.5% during the 1st quarter. Baird Financial Group Inc. now owns 270,109 shares of the company’s stock worth $9,989,000 after buying an additional 18,831 shares during the period.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of GCOW stock opened at $39.65 on Thursday. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. The stock has a 50 day simple moving average of $39.25 and a 200-day simple moving average of $37.68. Pacer Global Cash Cows Dividend ETF has a 1-year low of $32.52 and a 1-year high of $39.69.

Pacer Global Cash Cows Dividend ETF Company Profile

The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.