BNB Wealth Management LLC Acquires Shares of 225,597 Pacer US Large Cap Cash Cows Growth Leaders ETF $COWG

BNB Wealth Management LLC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 225,597 shares of the company’s stock, valued at approximately $7,943,000. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises approximately 5.1% of BNB Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. BNB Wealth Management LLC owned 0.33% of Pacer US Large Cap Cash Cows Growth Leaders ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of COWG. Provenance Wealth Advisors LLC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter valued at about $51,000. Colonial Trust Co SC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter valued at about $77,000. Sound Income Strategies LLC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at about $86,000. First Horizon Corp acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at about $109,000. Finally, Triumph Capital Management acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter valued at about $131,000.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 1.2%

COWG opened at $38.31 on Thursday. Pacer US Large Cap Cash Cows Growth Leaders ETF has a twelve month low of $32.64 and a twelve month high of $39.68. The company has a 50-day simple moving average of $37.23 and a 200 day simple moving average of $35.86. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 30.38 and a beta of 1.04.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were given a dividend of $0.0327 per share. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.