BNB Wealth Management LLC Invests $3.29 Million in Pacer Global Cash Cows Dividend ETF $GCOW

BNB Wealth Management LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 79,706 shares of the company’s stock, valued at approximately $3,285,000. Pacer Global Cash Cows Dividend ETF makes up approximately 2.1% of BNB Wealth Management LLC’s portfolio, making the stock its 21st biggest position. BNB Wealth Management LLC owned 0.13% of Pacer Global Cash Cows Dividend ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Larson Financial Group LLC boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 80.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 60.0% during the 4th quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock worth $66,000 after acquiring an additional 600 shares in the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 2nd quarter worth approximately $62,000. Lodestone Wealth Management LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter worth approximately $77,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of Pacer Global Cash Cows Dividend ETF during the 4th quarter worth approximately $98,000.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of BATS:GCOW opened at $44.23 on Thursday. The business’s 50 day simple moving average is $45.91 and its 200-day simple moving average is $44.70. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 12 month low of $37.37 and a 12 month high of $47.57.

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.