VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 38.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 637,171 shares of the company’s stock after selling 399,196 shares during the quarter. Victory Capital Management Inc. owned 0.24% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $30,954,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Tower Wealth Partners Inc. boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the second quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after buying an additional 53,373 shares during the last quarter. Finally, Cetera Advisors LLC acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the first quarter worth $260,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ VSMV opened at $48.78 on Friday. The company has a market cap of $131.71 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. The stock’s fifty day moving average price is $48.44 and its 200 day moving average price is $46.73. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $40.63 and a 1 year high of $50.16.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.0205 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Thursday, November 7th.

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.