Truist Financial Corp Sells 760 Shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Truist Financial Corp trimmed its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 12.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,589 shares of the company’s stock after selling 760 shares during the quarter. Truist Financial Corp owned 0.24% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $268,000 as of its most recent SEC filing.

Separately, Jane Street Group LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 3rd quarter valued at about $324,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.6 %

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $49.01 on Thursday. The company’s 50-day moving average price is $48.91 and its 200-day moving average price is $48.77. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $42.82 and a 12-month high of $50.71. The company has a market cap of $112.72 million, a price-to-earnings ratio of 22.96 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a $0.0323 dividend. The ex-dividend date was Friday, February 7th. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.01.

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.