Great Valley Advisor Group Inc. Grows Position in VictoryShares US Multi-Factor Minimum Volatility ETF $VSMV

Great Valley Advisor Group Inc. boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 46.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 864,751 shares of the company’s stock after purchasing an additional 274,980 shares during the period. VictoryShares US Multi-Factor Minimum Volatility ETF comprises about 0.9% of Great Valley Advisor Group Inc.’s investment portfolio, making the stock its 23rd biggest position. Great Valley Advisor Group Inc. owned approximately 0.30% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $47,792,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of VSMV. Goldman Sachs Group Inc. lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 3,665.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 223,455 shares of the company’s stock valued at $12,350,000 after purchasing an additional 217,521 shares in the last quarter. Susquehanna International Group LLP lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 353.3% during the third quarter. Susquehanna International Group LLP now owns 32,191 shares of the company’s stock valued at $1,727,000 after purchasing an additional 25,089 shares in the last quarter. Dakota Wealth Management purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter valued at $572,000. Valley Financial Group Inc. purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter valued at $206,000. Finally, Tower Wealth Partners Inc. lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.7% during the third quarter. Tower Wealth Partners Inc. now owns 415,876 shares of the company’s stock valued at $22,316,000 after purchasing an additional 2,849 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

NASDAQ VSMV opened at $60.11 on Friday. The company has a market capitalization of $156.29 million, a PE ratio of 18.64 and a beta of 0.69. The business’s fifty day moving average is $58.95 and its 200 day moving average is $57.44. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $48.39 and a fifty-two week high of $60.74.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a dividend of $0.1132 per share. This represents a c) annualized dividend and a yield of 2.3%. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.04. The ex-dividend date was Tuesday, June 9th.

VictoryShares US Multi-Factor Minimum Volatility ETF 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.