Lindenwold Advisors INC Grows Stock Position in VictoryShares US Multi-Factor Minimum Volatility ETF $VSMV

Lindenwold Advisors INC boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 14.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,252 shares of the company’s stock after buying an additional 676 shares during the quarter. Lindenwold Advisors INC’s holdings in VictoryShares US Multi-Factor Minimum Volatility ETF were worth $259,000 at the end of the most recent quarter.

Separately, Royal Bank of Canada raised its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 99,816 shares of the company’s stock valued at $4,834,000 after buying an additional 503 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

NASDAQ:VSMV opened at $52.79 on Friday. The stock’s fifty day moving average is $52.08 and its 200 day moving average is $49.64. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $43.33 and a fifty-two week high of $54.27. The firm has a market capitalization of $124.06 million, a PE ratio of 18.64 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were paid a $0.0657 dividend. The ex-dividend date was Thursday, October 9th. This represents a c) dividend on an annualized basis and a yield of 1.5%.

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.