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 Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 79,706 shares of the company’s stock, valued at approximately $3,285,000. Pacer Global Cash Cows Dividend ETF comprises about 2.1% of BNB Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 60.0% in the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock worth $66,000 after acquiring an additional 600 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter worth $62,000. Lodestone Wealth Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter worth $77,000. Finally, Holos Integrated Wealth LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the fourth quarter worth $98,000.

Pacer Global Cash Cows Dividend ETF Stock Down 1.7%

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $44.23 on Thursday. Pacer Global Cash Cows Dividend ETF has a fifty-two week low of $37.37 and a fifty-two week high of $47.57. The firm has a market cap of $2.70 billion, a PE ratio of 12.82 and a beta of 0.69. The business’s fifty day moving average is $45.91 and its two-hundred day moving average is $44.70.

About Pacer Global Cash Cows Dividend ETF

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.