Victory Capital Management Inc. Sells 253,215 Shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Victory Capital Management Inc. decreased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 39.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 383,956 shares of the company’s stock after selling 253,215 shares during the quarter. Victory Capital Management Inc. owned 16.69% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $18,442,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter worth approximately $324,000. Legacy Solutions LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter worth $299,000. Finally, Lindenwold Advisors INC raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% in the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock valued at $270,000 after buying an additional 275 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 1.2 %

Shares of NASDAQ:VSMV opened at $47.67 on Wednesday. The stock has a market cap of $109.64 million, a PE ratio of 22.96 and a beta of 0.79. The stock’s fifty day simple moving average is $48.91 and its two-hundred day simple moving average is $48.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a dividend of $0.07 per share. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF 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.