BNB Wealth Management LLC Buys New Shares in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF $QDPL

BNB Wealth Management LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 29,823 shares of the company’s stock, valued at approximately $1,267,000.

Several other institutional investors have also recently added to or reduced their stakes in QDPL. EverSource Wealth Advisors LLC acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter valued at $59,000. Baird Financial Group Inc. increased its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 8.2% in the second quarter. Baird Financial Group Inc. now owns 27,491 shares of the company’s stock valued at $1,085,000 after purchasing an additional 2,085 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the third quarter valued at $422,000. BlueStem Wealth Partners LLC increased its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% in the third quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock valued at $1,019,000 after purchasing an additional 8,628 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter worth about $202,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

Shares of NYSEARCA:QDPL opened at $45.33 on Thursday. The firm has a market capitalization of $1.61 billion, a PE ratio of 25.09 and a beta of 0.89. The business has a 50-day moving average of $44.53 and a two-hundred day moving average of $43.04. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12 month low of $38.42 and a 12 month high of $46.34.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Profile

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance. QDPL was launched on Jul 12, 2021 and is managed by Pacer.