Truist Financial Corp Has $53.18 Million Holdings in VictoryShares WestEnd US Sector ETF $MODL

Truist Financial Corp raised its position in VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) by 5.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,119,138 shares of the company’s stock after purchasing an additional 60,079 shares during the quarter. Truist Financial Corp owned 0.09% of VictoryShares WestEnd US Sector ETF worth $53,181,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its position in VictoryShares WestEnd US Sector ETF by 226.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 15,165 shares of the company’s stock valued at $721,000 after buying an additional 10,526 shares in the last quarter. Huntleigh Advisors Inc. increased its holdings in VictoryShares WestEnd US Sector ETF by 2.7% during the 4th quarter. Huntleigh Advisors Inc. now owns 95,662 shares of the company’s stock valued at $4,546,000 after purchasing an additional 2,474 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in VictoryShares WestEnd US Sector ETF by 2.5% during the 4th quarter. Sanctuary Advisors LLC now owns 27,793 shares of the company’s stock valued at $1,321,000 after purchasing an additional 671 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in VictoryShares WestEnd US Sector ETF by 55.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 8,239 shares of the company’s stock valued at $392,000 after purchasing an additional 2,937 shares in the last quarter. Finally, MBL Wealth LLC increased its holdings in VictoryShares WestEnd US Sector ETF by 4.6% during the 4th quarter. MBL Wealth LLC now owns 234,717 shares of the company’s stock valued at $11,154,000 after purchasing an additional 10,274 shares in the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd US Sector ETF Price Performance

MODL stock opened at $48.84 on Tuesday. The business has a fifty day moving average price of $46.54 and a 200 day moving average price of $47.05. The stock has a market capitalization of $927.47 million, a price-to-earnings ratio of 54.88 and a beta of 0.94. VictoryShares WestEnd US Sector ETF has a fifty-two week low of $38.88 and a fifty-two week high of $49.36.

VictoryShares WestEnd US Sector ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were given a dividend of $0.0371 per share. The ex-dividend date was Thursday, April 9th. This represents a c) annualized dividend and a yield of 0.9%. VictoryShares WestEnd US Sector ETF’s dividend payout ratio is 38.20%.

About VictoryShares WestEnd US Sector ETF

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.