Kestra Private Wealth Services LLC Raises Stake in VictoryShares WestEnd US Sector ETF $MODL

Kestra Private Wealth Services LLC grew its position in VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) by 69.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,702 shares of the company’s stock after purchasing an additional 10,537 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.14% of VictoryShares WestEnd US Sector ETF worth $1,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in shares of VictoryShares WestEnd US Sector ETF in the fourth quarter valued at about $38,000. Allworth Financial LP purchased a new stake in shares of VictoryShares WestEnd US Sector ETF during the third quarter worth about $78,000. Capital Analysts LLC purchased a new stake in shares of VictoryShares WestEnd US Sector ETF during the fourth quarter worth about $126,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of VictoryShares WestEnd US Sector ETF during the third quarter worth about $184,000. Finally, Comerica Bank raised its stake in VictoryShares WestEnd US Sector ETF by 11.2% during the 3rd quarter. Comerica Bank now owns 4,483 shares of the company’s stock valued at $207,000 after purchasing an additional 452 shares during the period. Hedge funds and other institutional investors own 29.49% of the company’s stock.

VictoryShares WestEnd US Sector ETF Trading Up 0.5%

NASDAQ:MODL opened at $50.97 on Wednesday. The company has a market capitalization of $967.92 million, a P/E ratio of 57.27 and a beta of 0.94. VictoryShares WestEnd US Sector ETF has a 12 month low of $42.91 and a 12 month high of $51.28. The business’s 50-day moving average is $49.99 and its 200 day moving average is $48.01.

VictoryShares WestEnd US Sector ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.048 per share. This represents a c) annualized dividend and a dividend yield of 1.1%. This is a positive change from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. The ex-dividend date was Tuesday, June 9th. VictoryShares WestEnd US Sector ETF’s dividend payout ratio is 40.45%.

VictoryShares WestEnd US Sector ETF 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.