Investors Research Corp Buys 19,360 Shares of VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA)

Investors Research Corp raised its stake in shares of VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) by 8.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 249,388 shares of the company’s stock after buying an additional 19,360 shares during the period. VictoryShares Dividend Accelerator ETF makes up 2.8% of Investors Research Corp’s portfolio, making the stock its 8th biggest position. Investors Research Corp owned about 0.05% of VictoryShares Dividend Accelerator ETF worth $12,888,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VSDA. Gladstone Institutional Advisory LLC increased its stake in VictoryShares Dividend Accelerator ETF by 1.5% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock valued at $4,369,000 after buying an additional 1,240 shares during the period. DDD Partners LLC increased its stake in VictoryShares Dividend Accelerator ETF by 100.7% during the 4th quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock valued at $9,464,000 after buying an additional 93,402 shares during the period. Pinnacle Financial Partners Inc increased its stake in VictoryShares Dividend Accelerator ETF by 2.3% during the 4th quarter. Pinnacle Financial Partners Inc now owns 464,910 shares of the company’s stock valued at $23,631,000 after buying an additional 10,637 shares during the period. Raymond James Financial Inc. acquired a new position in VictoryShares Dividend Accelerator ETF during the 4th quarter valued at about $2,088,000. Finally, LPL Financial LLC increased its stake in VictoryShares Dividend Accelerator ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock valued at $13,793,000 after buying an additional 6,665 shares during the period.

VictoryShares Dividend Accelerator ETF Trading Down 0.3%

VictoryShares Dividend Accelerator ETF stock opened at $50.67 on Friday. The company’s 50-day moving average price is $49.75 and its two-hundred day moving average price is $51.34. The stock has a market cap of $235.62 million, a price-to-earnings ratio of 18.54 and a beta of 0.86. VictoryShares Dividend Accelerator ETF has a 52 week low of $45.51 and a 52 week high of $55.25.

VictoryShares Dividend Accelerator ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, May 8th were paid a $0.0339 dividend. The ex-dividend date was Thursday, May 8th. This represents a $0.41 annualized dividend and a dividend yield of 0.80%.

About VictoryShares Dividend Accelerator ETF

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.