VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) Announces Monthly Dividend of $0.01

VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) announced a monthly dividend on Thursday, August 6th. Shareholders of record on Friday, August 7th will be given a dividend of 0.0137 per share on Monday, August 10th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, August 7th.

VictoryShares WestEnd US Sector ETF Stock Performance

Shares of MODL opened at $52.44 on Friday. The stock has a fifty day moving average of $50.94 and a two-hundred day moving average of $48.71. The company has a market capitalization of $1.06 billion, a PE ratio of 58.92 and a beta of 0.93. VictoryShares WestEnd US Sector ETF has a fifty-two week low of $43.38 and a fifty-two week high of $52.99.

Hedge Funds Weigh In On VictoryShares WestEnd US Sector ETF

Several institutional investors have recently added to or reduced their stakes in the business. Truist Financial Corp increased its stake in shares of VictoryShares WestEnd US Sector ETF by 5.7% during the 4th quarter. Truist Financial Corp now owns 1,119,138 shares of the company’s stock valued at $53,181,000 after acquiring an additional 60,079 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of VictoryShares WestEnd US Sector ETF by 5.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 539,939 shares of the company’s stock worth $25,658,000 after acquiring an additional 30,182 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of VictoryShares WestEnd US Sector ETF by 2.0% in the first quarter. Janney Montgomery Scott LLC now owns 1,288,857 shares of the company’s stock worth $57,599,000 after acquiring an additional 24,925 shares during the last quarter. Fairvoy Private Wealth LLC purchased a new stake in VictoryShares WestEnd US Sector ETF in the first quarter valued at approximately $3,266,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in VictoryShares WestEnd US Sector ETF in the fourth quarter valued at approximately $3,506,000. 29.49% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd US Sector ETF Company Profile

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.