VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Declares Monthly Dividend of $0.10

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Tuesday, September 8th. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.104 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, September 9th. This is a 249.6% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of VSMV opened at $60.87 on Wednesday. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $51.81 and a one year high of $61.94. The firm has a market capitalization of $158.26 million, a P/E ratio of 18.64 and a beta of 0.69. The business has a fifty day moving average of $60.46 and a 200 day moving average of $59.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VSMV. Integrated Wealth Concepts LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 2nd quarter valued at about $31,000. Citadel Advisors LLC bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 2nd quarter worth approximately $542,000. Rockefeller Capital Management L.P. bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter worth approximately $64,000. Great Valley Advisor Group Inc. boosted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 46.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 864,751 shares of the company’s stock worth $47,792,000 after buying an additional 274,980 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 3,665.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 223,455 shares of the company’s stock worth $12,350,000 after buying an additional 217,521 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Company 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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.