VictoryShares US Value Momentum ETF (NASDAQ:ULVM) Raises Dividend to $0.24 Per Share

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.2373 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 9th. This is a 633.8% increase from VictoryShares US Value Momentum ETF’s previous monthly dividend of $0.03.

VictoryShares US Value Momentum ETF Trading Up 0.4%

NASDAQ:ULVM traded up $0.41 on Tuesday, hitting $104.27. The company had a trading volume of 1,488 shares, compared to its average volume of 2,894. VictoryShares US Value Momentum ETF has a 52 week low of $82.01 and a 52 week high of $105.17. The firm has a 50 day moving average of $100.56 and a two-hundred day moving average of $96.80. The stock has a market capitalization of $255.46 million, a price-to-earnings ratio of 17.39 and a beta of 0.87.

VictoryShares US Value Momentum ETF Company Profile

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.