Northwestern Mutual Wealth Management Co. Sells 25,929 Shares of Pacer Global Cash Cows Dividend ETF $GCOW

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,477,895 shares of the company’s stock after selling 25,929 shares during the period. Northwestern Mutual Wealth Management Co. owned 5.71% of Pacer Global Cash Cows Dividend ETF worth $132,056,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in GCOW. Atticus Wealth Management LLC bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the 2nd quarter worth $29,000. CWM LLC grew its stake in Pacer Global Cash Cows Dividend ETF by 48.2% in the first quarter. CWM LLC now owns 1,014 shares of the company’s stock valued at $37,000 after purchasing an additional 330 shares during the last quarter. Bank of Montreal Can raised its holdings in Pacer Global Cash Cows Dividend ETF by 262.3% in the second quarter. Bank of Montreal Can now owns 1,087 shares of the company’s stock worth $41,000 after purchasing an additional 787 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Pacer Global Cash Cows Dividend ETF in the second quarter worth about $44,000. Finally, Key Financial Inc lifted its position in shares of Pacer Global Cash Cows Dividend ETF by 1,089.4% during the second quarter. Key Financial Inc now owns 1,237 shares of the company’s stock valued at $47,000 after buying an additional 1,133 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

BATS:GCOW opened at $41.35 on Friday. The company’s 50-day simple moving average is $40.11 and its 200-day simple moving average is $39.16. The stock has a market capitalization of $2.52 billion, a P/E ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $32.52 and a fifty-two week high of $39.69.

Pacer Global Cash Cows Dividend ETF 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.