Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Sees Large Volume Increase – Here’s Why

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE – Get Free Report) shares saw strong trading volume on Tuesday. Approximately 118,861 shares changed hands during mid-day trading, an increase of 615% from the previous session’s volume of 16,614 shares. The stock last traded at $73.48 and had previously closed at $73.35.

Vident U.S. Equity Strategy ETF Stock Down 0.2%

The firm has a market cap of $680.92 million, a PE ratio of 25.18 and a beta of 0.95. The company’s fifty day moving average price is $72.98 and its two-hundred day moving average price is $70.56.

Vident U.S. Equity Strategy ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Thursday, September 17th were paid a $0.0452 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.2%. This is a drop from Vident U.S. Equity Strategy ETF’s previous quarterly dividend of $0.0687. The ex-dividend date was Thursday, September 17th.

About Vident U.S. Equity Strategy ETF

(Get Free Report)

The Vident Core U.S. Equity Fund (VUSE) is an exchange-traded fund that is based on the Vident Core U.S. Stock index. The fund tracks an index of US companies selected and weighted based on a multi-factor model that considers corporate governance, quality, and momentum. VUSE was launched on Jan 22, 2014 and is managed by Vident.

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