4,060 Shares in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC bought a new stake in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,060 shares of the company’s stock, valued at approximately $216,000. Cornerstone Wealth Management LLC owned approximately 0.08% of Victoryshares Dividend Accelerator ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Great Valley Advisor Group Inc. increased its position in shares of Victoryshares Dividend Accelerator ETF by 5.8% in the second quarter. Great Valley Advisor Group Inc. now owns 337,735 shares of the company’s stock valued at $16,319,000 after acquiring an additional 18,646 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Victoryshares Dividend Accelerator ETF by 98.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock worth $5,738,000 after purchasing an additional 58,798 shares during the last quarter. DDD Partners LLC raised its stake in shares of Victoryshares Dividend Accelerator ETF by 3.2% during the 2nd quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after purchasing an additional 2,751 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 104.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock valued at $2,047,000 after buying an additional 21,692 shares during the last quarter. Finally, Thoroughbred Financial Services LLC grew its stake in shares of Victoryshares Dividend Accelerator ETF by 6.8% in the first quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock valued at $364,000 after buying an additional 461 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Trading Up 0.3 %

NASDAQ VSDA opened at $53.97 on Friday. The firm has a market capitalization of $269.87 million, a P/E ratio of 21.70 and a beta of 0.86. The firm’s fifty day moving average price is $52.20 and its two-hundred day moving average price is $50.13. Victoryshares Dividend Accelerator ETF has a 1 year low of $41.26 and a 1 year high of $53.97.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were paid a $0.1383 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $1.66 annualized dividend and a yield of 3.08%.

Victoryshares Dividend Accelerator ETF Profile

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.