Centric Wealth Management Has $2.30 Million Stock Holdings in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Centric Wealth Management grew its position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,562 shares of the company’s stock after acquiring an additional 2,828 shares during the quarter. Centric Wealth Management’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $2,296,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HERD. LPL Financial LLC lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 202,712 shares of the company’s stock worth $7,685,000 after purchasing an additional 1,939 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Pacer Cash Cows Fund of Funds ETF by 8.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 21,843 shares of the company’s stock valued at $828,000 after buying an additional 1,710 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Pacer Cash Cows Fund of Funds ETF by 21.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,828 shares of the company’s stock worth $69,000 after buying an additional 325 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Pacer Cash Cows Fund of Funds ETF by 11.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 28,242 shares of the company’s stock worth $1,071,000 after buying an additional 2,819 shares during the last quarter. Finally, World Equity Group Inc. grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 167.9% in the 4th quarter. World Equity Group Inc. now owns 26,304 shares of the company’s stock valued at $997,000 after acquiring an additional 16,485 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Stock Performance

HERD opened at $37.59 on Tuesday. The business’s 50-day simple moving average is $38.56 and its 200 day simple moving average is $39.01. The firm has a market capitalization of $90.22 million, a PE ratio of 13.43 and a beta of 1.00. Pacer Cash Cows Fund of Funds ETF has a 52-week low of $36.29 and a 52-week high of $40.74.

Pacer Cash Cows Fund of Funds ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 13th. Investors of record on Friday, March 7th were paid a $0.108 dividend. The ex-dividend date was Friday, March 7th.

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.