D.A. Davidson & CO. Buys 15,446 Shares of Pacer Cash Cows Fund of Funds ETF $HERD

D.A. Davidson & CO. raised its position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 38.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,168 shares of the company’s stock after acquiring an additional 15,446 shares during the period. D.A. Davidson & CO.’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $2,398,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HERD. EverSource Wealth Advisors LLC lifted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 23.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,471 shares of the company’s stock worth $98,000 after acquiring an additional 469 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Pacer Cash Cows Fund of Funds ETF by 10.7% in the 3rd quarter. Geneos Wealth Management Inc. now owns 4,938 shares of the company’s stock worth $209,000 after purchasing an additional 477 shares during the period. Advisory Services Network LLC bought a new stake in Pacer Cash Cows Fund of Funds ETF in the third quarter worth about $34,000. Wealth Enhancement Advisory Services LLC lifted its stake in Pacer Cash Cows Fund of Funds ETF by 13.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,585 shares of the company’s stock worth $407,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Mariner LLC boosted its position in shares of Pacer Cash Cows Fund of Funds ETF by 19.3% during the third quarter. Mariner LLC now owns 8,651 shares of the company’s stock valued at $366,000 after buying an additional 1,400 shares during the period.

Pacer Cash Cows Fund of Funds ETF Stock Performance

HERD opened at $47.47 on Friday. The stock’s 50 day moving average price is $46.27 and its 200-day moving average price is $44.94. Pacer Cash Cows Fund of Funds ETF has a one year low of $37.22 and a one year high of $48.02. The stock has a market cap of $94.94 million, a price-to-earnings ratio of 13.06 and a beta of 0.82.

Pacer Cash Cows Fund of Funds ETF Company 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.