Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Shares Purchased by LPL Financial LLC

LPL Financial LLC raised its stake in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 271,359 shares of the company’s stock after purchasing an additional 6,665 shares during the period. LPL Financial LLC owned 5.71% of Victoryshares Dividend Accelerator ETF worth $13,793,000 as of its most recent SEC filing.

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

Victoryshares Dividend Accelerator ETF Stock Up 0.2 %

VSDA opened at $51.71 on Thursday. The firm has a market cap of $245.62 million, a price-to-earnings ratio of 18.46 and a beta of 0.89. Victoryshares Dividend Accelerator ETF has a 52 week low of $47.43 and a 52 week high of $55.25. The business’s 50 day moving average is $51.84 and its two-hundred day moving average is $52.34.

Victoryshares Dividend Accelerator ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a dividend of $0.1081 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03.

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.