VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Announces Monthly Dividend of $0.11

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.1132 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, June 9th. This is a 218.8% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.04.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 0.3%

NASDAQ:VSMV traded down $0.20 during mid-day trading on Tuesday, hitting $59.31. The stock had a trading volume of 2,487 shares, compared to its average volume of 6,316. The stock has a market capitalization of $154.21 million, a price-to-earnings ratio of 18.64 and a beta of 0.69. The company has a 50 day simple moving average of $58.74 and a 200-day simple moving average of $57.31. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $48.39 and a 52 week high of $60.74.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.