Raymond James Financial Inc. Purchases Shares of 43,936 VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Raymond James Financial Inc. acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,936 shares of the company’s stock, valued at approximately $2,110,000. Raymond James Financial Inc. owned approximately 1.91% of VictoryShares US Multi-Factor Minimum Volatility ETF at the end of the most recent reporting period.

Separately, Legacy Solutions LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter valued at approximately $299,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock opened at $47.93 on Monday. The company has a market capitalization of $110.24 million, a P/E ratio of 21.25 and a beta of 0.79. The company’s 50 day moving average price is $48.83 and its two-hundred day moving average price is $48.81. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $42.82 and a 52 week high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

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

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.