LexAurum Advisors LLC Trims Holdings in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

LexAurum Advisors LLC lessened its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,276 shares of the company’s stock after selling 278 shares during the period. LexAurum Advisors LLC’s holdings in VictoryShares US Multi-Factor Minimum Volatility ETF were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of VSMV. Quent Capital LLC purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter valued at approximately $107,000. Legacy Solutions LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at $299,000. Cetera Investment Advisers increased its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the 4th quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after purchasing an additional 912 shares in the last quarter. Independent Advisor Alliance purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at about $496,000. Finally, Two Sigma Investments LP increased its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% in the 4th quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock valued at $927,000 after purchasing an additional 9,100 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Up 1.2%

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $49.24 on Monday. The firm has a market cap of $113.25 million, a PE ratio of 21.70 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $43.33 and a twelve month high of $50.71. The business has a 50-day moving average price of $47.60 and a 200 day moving average price of $48.47.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, May 8th were given a $0.0227 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date was Thursday, May 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF 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.