Commonwealth Equity Services LLC Decreases Holdings in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Commonwealth Equity Services LLC reduced its position in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 15.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,592 shares of the company’s stock after selling 13,017 shares during the period. Commonwealth Equity Services LLC owned about 1.55% of Victoryshares Dividend Accelerator ETF worth $3,741,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Victoryshares Dividend Accelerator ETF in the fourth quarter valued at $2,088,000. Gladstone Institutional Advisory LLC increased its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock worth $4,369,000 after acquiring an additional 1,240 shares during the last quarter. DDD Partners LLC lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 100.7% in the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock worth $9,464,000 after acquiring an additional 93,402 shares in the last quarter. Investors Research Corp boosted its holdings in Victoryshares Dividend Accelerator ETF by 5.9% in the fourth quarter. Investors Research Corp now owns 230,028 shares of the company’s stock valued at $11,692,000 after purchasing an additional 12,803 shares during the last quarter. Finally, Pinnacle Financial Partners Inc grew its stake in Victoryshares Dividend Accelerator ETF by 2.3% during the 4th quarter. Pinnacle Financial Partners Inc now owns 464,910 shares of the company’s stock valued at $23,631,000 after purchasing an additional 10,637 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Trading Up 1.0 %

Victoryshares Dividend Accelerator ETF stock opened at $51.45 on Tuesday. The stock has a 50 day moving average of $51.83 and a 200-day moving average of $52.36. The stock has a market cap of $244.38 million, a P/E ratio of 18.20 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 52 week low of $47.43 and a 52 week high of $55.25.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.1081 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03.

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.