VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Plans $0.03 Monthly Dividend

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Thursday, November 6th. Stockholders of record on Friday, November 7th will be given a dividend of 0.0263 per share on Monday, November 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, November 7th.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of NASDAQ:VSMV traded down $0.51 during trading on Friday, reaching $53.25. 3,388 shares of the company’s stock traded hands, compared to its average volume of 7,135. The stock has a market capitalization of $125.14 million, a P/E ratio of 18.64 and a beta of 0.74. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $43.33 and a 12 month high of $54.76. The company has a 50 day moving average of $53.21 and a 200-day moving average of $50.60.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.