VictoryShares US Multi-Factor Minimum Volatility ETF $VSMV Shares Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. raised its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 31.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 436,548 shares of the company’s stock after acquiring an additional 103,979 shares during the period. Great Valley Advisor Group Inc. owned approximately 19.40% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $21,515,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lindenwold Advisors INC lifted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 14.8% in the 2nd quarter. Lindenwold Advisors INC now owns 5,252 shares of the company’s stock valued at $259,000 after purchasing an additional 676 shares in the last quarter. One Degree Advisors Inc raised its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.9% in the second quarter. One Degree Advisors Inc now owns 12,490 shares of the company’s stock valued at $615,000 after buying an additional 355 shares during the period. Raymond James Financial Inc. raised its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.6% in the second quarter. Raymond James Financial Inc. now owns 52,626 shares of the company’s stock valued at $2,594,000 after buying an additional 822 shares during the period. LPL Financial LLC lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.2% during the first quarter. LPL Financial LLC now owns 89,703 shares of the company’s stock valued at $4,344,000 after buying an additional 1,053 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 99,816 shares of the company’s stock worth $4,834,000 after buying an additional 503 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.3%

VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $55.47 on Friday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52-week low of $43.33 and a 52-week high of $55.75. The firm has a fifty day moving average of $54.08 and a 200-day moving average of $51.74. The firm has a market capitalization of $130.35 million, a P/E ratio of 18.64 and a beta of 0.74.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.1435 dividend. The ex-dividend date was Thursday, December 11th. This represents a c) annualized dividend and a yield of 3.1%. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

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.