Two Sigma Securities LLC Buys New Position in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA)

Two Sigma Securities LLC bought a new stake in shares of VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 10,241 shares of the company’s stock, valued at approximately $521,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VSDA. Keystone Financial Group acquired a new position in shares of VictoryShares Dividend Accelerator ETF during the fourth quarter valued at approximately $1,077,000. Raymond James Financial Inc. bought a new position in VictoryShares Dividend Accelerator ETF during the 4th quarter valued at $2,088,000. LPL Financial LLC increased its position in shares of VictoryShares Dividend Accelerator ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock valued at $13,793,000 after purchasing an additional 6,665 shares during the period. Investors Research Corp raised its stake in shares of VictoryShares Dividend Accelerator ETF by 5.9% in the 4th quarter. Investors Research Corp now owns 230,028 shares of the company’s stock worth $11,692,000 after buying an additional 12,803 shares in the last quarter. Finally, Pinnacle Financial Partners Inc lifted its holdings in shares of VictoryShares Dividend Accelerator ETF by 2.3% in the fourth quarter. Pinnacle Financial Partners Inc now owns 464,910 shares of the company’s stock valued at $23,631,000 after buying an additional 10,637 shares during the period.

VictoryShares Dividend Accelerator ETF Stock Down 0.7 %

Shares of VSDA stock opened at $49.09 on Friday. The stock has a 50-day simple moving average of $50.40 and a 200 day simple moving average of $51.76. The stock has a market capitalization of $228.27 million, a P/E ratio of 17.71 and a beta of 0.86. VictoryShares Dividend Accelerator ETF has a fifty-two week low of $45.51 and a fifty-two week high of $55.25.

VictoryShares Dividend Accelerator ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, April 10th were given a dividend of $0.1969 per share. This is a positive change from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.36 annualized dividend and a dividend yield of 4.81%.

VictoryShares Dividend Accelerator ETF Profile

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.