VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Shareholders Set to Receive $0.02 Monthly Dividend

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) announced a monthly dividend on Thursday, November 5th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.0209 per share on Monday, November 9th. This represents a $0.25 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. This is a 92.5% decrease from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.2794.

VictoryShares International Value Momentum ETF Stock Down 2.4%

Shares of UIVM opened at $73.44 on Friday. VictoryShares International Value Momentum ETF has a 52-week low of $60.05 and a 52-week high of $79.27. The company has a market capitalization of $330.46 million, a PE ratio of 11.59 and a beta of 0.71. The stock has a fifty day simple moving average of $74.93 and a two-hundred day simple moving average of $72.82.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Hedge funds have recently modified their holdings of the company. World Investment Advisors boosted its holdings in VictoryShares International Value Momentum ETF by 10.5% in the 1st quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after purchasing an additional 370 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VictoryShares International Value Momentum ETF by 4.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,065 shares of the company’s stock valued at $364,000 after buying an additional 206 shares during the period. IFP Advisors Inc increased its holdings in shares of VictoryShares International Value Momentum ETF by 51.4% during the 3rd quarter. IFP Advisors Inc now owns 15,097 shares of the company’s stock worth $1,123,000 after buying an additional 5,124 shares during the last quarter. Finally, Financial Enhancement Group LLC acquired a new stake in shares of VictoryShares International Value Momentum ETF during the 3rd quarter worth approximately $1,566,000.

VictoryShares International Value Momentum ETF Company Profile

The VictoryShares International Value Momentum ETF (UIVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from developed economies outside of the United States. UIVM was launched on Oct 24, 2017 and is managed by VictoryShares.