Sound Financial Strategies Group LLC Takes Position in Pacer Global Cash Cows Dividend ETF $GCOW

Sound Financial Strategies Group LLC purchased a new position in shares of Pacer Global Cash Cows Dividend ETF (BATS:GCOW) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,725 shares of the company’s stock, valued at approximately $552,000.

A number of other institutional investors and hedge funds have also modified their holdings of GCOW. Bank of America Corp DE lifted its holdings in Pacer Global Cash Cows Dividend ETF by 2.4% in the first quarter. Bank of America Corp DE now owns 8,118,813 shares of the company’s stock valued at $375,414,000 after buying an additional 191,858 shares during the period. LPL Financial LLC lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 3,301,076 shares of the company’s stock valued at $136,070,000 after purchasing an additional 203,855 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Pacer Global Cash Cows Dividend ETF by 2.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,986,356 shares of the company’s stock valued at $75,422,000 after purchasing an additional 44,905 shares during the period. Royal Bank of Canada boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after purchasing an additional 546,241 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 15.2% in the 1st quarter. Cetera Investment Advisers now owns 1,482,311 shares of the company’s stock worth $68,542,000 after purchasing an additional 195,348 shares during the last quarter.

Pacer Global Cash Cows Dividend ETF Trading Up 0.1%

Shares of GCOW opened at $47.43 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 1 year low of $39.02 and a 1 year high of $48.06. The stock has a market cap of $2.89 billion, a P/E ratio of 12.82 and a beta of 0.69. The stock’s 50-day moving average price is $45.70 and its two-hundred day moving average price is $45.80.

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.