Northwestern Mutual Wealth Management Co. Has $101.97 Million Stock Holdings in Pacer Global Cash Cows Dividend ETF $GCOW

Northwestern Mutual Wealth Management Co. trimmed its holdings in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) by 20.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,473,907 shares of the company’s stock after selling 644,344 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Pacer Global Cash Cows Dividend ETF were worth $101,974,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 2.7% during the 3rd quarter. Bank of America Corp DE now owns 7,601,822 shares of the company’s stock worth $301,184,000 after buying an additional 201,869 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 2.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock worth $75,422,000 after buying an additional 44,905 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 6.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 831,634 shares of the company’s stock worth $34,280,000 after buying an additional 49,932 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 17.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 777,671 shares of the company’s stock worth $30,671,000 after buying an additional 118,238 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of Pacer Global Cash Cows Dividend ETF by 22.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 638,677 shares of the company’s stock worth $25,304,000 after buying an additional 115,527 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Stock Performance

Shares of BATS:GCOW opened at $45.88 on Friday. Pacer Global Cash Cows Dividend ETF has a 52-week low of $37.36 and a 52-week high of $47.57. The company has a market capitalization of $2.80 billion, a P/E ratio of 12.82 and a beta of 0.69. The company has a 50-day simple moving average of $46.02 and a 200 day simple moving average of $44.28.

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.