VictoryShares US Value Momentum ETF (NASDAQ:ULVM) Declares Monthly Dividend of $0.17

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) announced a monthly dividend on Wednesday, April 9th, NASDAQ Dividends reports. Investors of record on Thursday, April 10th will be paid a dividend of 0.1656 per share on Friday, April 11th. This represents a $1.99 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 122.5% increase from VictoryShares US Value Momentum ETF’s previous monthly dividend of $0.07.

VictoryShares US Value Momentum ETF Stock Down 4.4 %

NASDAQ ULVM traded down $3.35 on Thursday, hitting $73.13. The company’s stock had a trading volume of 1,377 shares, compared to its average volume of 1,302. The firm has a market cap of $135.29 million, a PE ratio of 18.61 and a beta of 0.99. VictoryShares US Value Momentum ETF has a 1-year low of $69.72 and a 1-year high of $87.22. The company’s 50-day moving average is $81.01 and its 200 day moving average is $82.17.

VictoryShares US Value Momentum ETF Company Profile

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.