Capital Analysts LLC Has $1.81 Million Stake in VictoryShares WestEnd US Sector ETF $MODL

Capital Analysts LLC lifted its stake in VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) by 52.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,491 shares of the company’s stock after acquiring an additional 12,199 shares during the period. Capital Analysts LLC’s holdings in VictoryShares WestEnd US Sector ETF were worth $1,809,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MODL. Bank of America Corp DE raised its position in shares of VictoryShares WestEnd US Sector ETF by 48,293.9% in the first quarter. Bank of America Corp DE now owns 967,878 shares of the company’s stock valued at $43,254,000 after purchasing an additional 965,878 shares during the period. Victory Capital Management Inc. grew its position in shares of VictoryShares WestEnd US Sector ETF by 7.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,480,761 shares of the company’s stock valued at $260,446,000 after purchasing an additional 395,473 shares during the last quarter. LPL Financial LLC grew its position in shares of VictoryShares WestEnd US Sector ETF by 33.5% in the fourth quarter. LPL Financial LLC now owns 1,094,146 shares of the company’s stock valued at $51,994,000 after purchasing an additional 274,425 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of VictoryShares WestEnd US Sector ETF by 14.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,263,932 shares of the company’s stock worth $60,062,000 after purchasing an additional 156,576 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of VictoryShares WestEnd US Sector ETF by 12.4% in the third quarter. Raymond James Financial Inc. now owns 992,250 shares of the company’s stock worth $45,858,000 after purchasing an additional 109,420 shares during the period. 29.49% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd US Sector ETF Trading Down 0.5%

Shares of VictoryShares WestEnd US Sector ETF stock opened at $51.99 on Friday. The company’s fifty day simple moving average is $52.09 and its 200-day simple moving average is $49.65. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 58.42 and a beta of 0.93. VictoryShares WestEnd US Sector ETF has a 1 year low of $43.38 and a 1 year high of $53.43.

VictoryShares WestEnd US Sector ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were issued a $0.0475 dividend. This is a boost from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 1.1%. VictoryShares WestEnd US Sector ETF’s payout ratio is currently 39.33%.

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.