VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Free Report) announced a monthly dividend on Thursday, November 5th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.0347 per share on Monday, November 9th. This represents a $0.42 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, November 6th. This is a 53.1% decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.0740.
VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance
VSMV stock opened at $61.31 on Friday. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $52.93 and a one year high of $63.32. The stock has a market cap of $159.41 million, a price-to-earnings ratio of 18.64 and a beta of 0.68. The company has a fifty day moving average price of $61.07 and a two-hundred day moving average price of $59.41.
Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 2nd quarter valued at about $31,000. Farther Finance Advisors LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter worth approximately $38,000. Rockefeller Capital Management L.P. bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter worth approximately $64,000. Finally, Citadel Advisors LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the second quarter worth approximately $542,000.
About VictoryShares US Multi-Factor Minimum Volatility ETF
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.
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