Royal Bank of Canada Sells 16,391 Shares of VictoryShares Dividend Accelerator ETF $VSDA

Royal Bank of Canada decreased its holdings in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) by 62.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,900 shares of the company’s stock after selling 16,391 shares during the quarter. Royal Bank of Canada’s holdings in VictoryShares Dividend Accelerator ETF were worth $540,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of VictoryShares Dividend Accelerator ETF by 22.8% during the first quarter. Goldman Sachs Group Inc. now owns 41,588 shares of the company’s stock worth $2,149,000 after purchasing an additional 7,718 shares during the period. Osaic Holdings Inc. raised its position in shares of VictoryShares Dividend Accelerator ETF by 2.9% in the second quarter. Osaic Holdings Inc. now owns 14,973 shares of the company’s stock valued at $776,000 after buying an additional 415 shares in the last quarter. Pinnacle Financial Partners Inc. boosted its stake in shares of VictoryShares Dividend Accelerator ETF by 6.3% in the third quarter. Pinnacle Financial Partners Inc. now owns 529,031 shares of the company’s stock valued at $28,287,000 after buying an additional 31,161 shares during the period. Citadel Advisors LLC boosted its stake in shares of VictoryShares Dividend Accelerator ETF by 3.7% in the third quarter. Citadel Advisors LLC now owns 40,729 shares of the company’s stock valued at $2,178,000 after buying an additional 1,449 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of VictoryShares Dividend Accelerator ETF in the third quarter valued at approximately $308,000.

VictoryShares Dividend Accelerator ETF Price Performance

Shares of NASDAQ:VSDA opened at $61.04 on Tuesday. The business’s 50 day simple moving average is $58.97 and its 200 day simple moving average is $56.98. VictoryShares Dividend Accelerator ETF has a 1 year low of $51.14 and a 1 year high of $61.22. The company has a market capitalization of $253.32 million, a P/E ratio of 18.24 and a beta of 0.77.

VictoryShares Dividend Accelerator ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were issued a dividend of $0.0364 per share. The ex-dividend date of this dividend was Friday, August 7th.

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.