Sunbelt Securities Inc. Cuts Stock Holdings in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Sunbelt Securities Inc. lowered its stake in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 40.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,135 shares of the company’s stock after selling 780 shares during the quarter. Sunbelt Securities Inc.’s holdings in Victoryshares Dividend Accelerator ETF were worth $57,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VSDA. Investors Research Corp lifted its position in shares of Victoryshares Dividend Accelerator ETF by 3.8% in the fourth quarter. Investors Research Corp now owns 183,645 shares of the company’s stock worth $8,738,000 after buying an additional 6,744 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of Victoryshares Dividend Accelerator ETF by 15.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock valued at $13,881,000 after acquiring an additional 38,951 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 1.8% in the third quarter. Stifel Financial Corp now owns 85,244 shares of the company’s stock valued at $3,700,000 after purchasing an additional 1,535 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Victoryshares Dividend Accelerator ETF in the fourth quarter worth $566,000. Finally, DDD Partners LLC raised its stake in Victoryshares Dividend Accelerator ETF by 35.8% during the fourth quarter. DDD Partners LLC now owns 77,841 shares of the company’s stock valued at $3,704,000 after purchasing an additional 20,511 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Stock Down 0.1 %

VSDA stock opened at $48.32 on Monday. The company has a fifty day simple moving average of $48.81 and a two-hundred day simple moving average of $48.38. Victoryshares Dividend Accelerator ETF has a 52 week low of $41.26 and a 52 week high of $50.36. The firm has a market capitalization of $311.66 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were given a $0.1442 dividend. The ex-dividend date was Wednesday, June 12th. This represents a $1.73 annualized dividend and a yield of 3.58%.

About Victoryshares Dividend Accelerator ETF

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.