VictoryShares Dividend Accelerator ETF (VSDA) to Issue Monthly Dividend of $0.05 on November 10th

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) announced a monthly dividend on Thursday, November 6th. Shareholders of record on Friday, November 7th will be given a dividend of 0.0465 per share on Monday, November 10th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 7th.

VictoryShares Dividend Accelerator ETF Stock Performance

Shares of NASDAQ VSDA opened at $51.81 on Friday. VictoryShares Dividend Accelerator ETF has a 52-week low of $45.51 and a 52-week high of $55.25. The company’s 50 day moving average price is $53.10 and its 200-day moving average price is $52.28. The company has a market capitalization of $230.55 million, a P/E ratio of 18.24 and a beta of 0.87.

Institutional Trading of VictoryShares Dividend Accelerator ETF

Hedge funds have recently modified their holdings of the stock. Great Valley Advisor Group Inc. boosted its stake in VictoryShares Dividend Accelerator ETF by 4.2% during the second quarter. Great Valley Advisor Group Inc. now owns 1,081,362 shares of the company’s stock worth $56,015,000 after acquiring an additional 43,747 shares in the last quarter. Pinnacle Financial Partners Inc increased its holdings in shares of VictoryShares Dividend Accelerator ETF by 6.3% during the third quarter. Pinnacle Financial Partners Inc now owns 529,031 shares of the company’s stock valued at $28,287,000 after acquiring an additional 31,161 shares in the last quarter. Investors Research Corp lifted its holdings in shares of VictoryShares Dividend Accelerator ETF by 8.9% in the 2nd quarter. Investors Research Corp now owns 271,473 shares of the company’s stock worth $14,062,000 after purchasing an additional 22,085 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in VictoryShares Dividend Accelerator ETF in the 2nd quarter valued at $827,000. Finally, Goldman Sachs Group Inc. grew its position in VictoryShares Dividend Accelerator ETF by 22.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 41,588 shares of the company’s stock valued at $2,149,000 after purchasing an additional 7,718 shares during the period.

About VictoryShares Dividend Accelerator ETF

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.