Raymond James & Associates Has $651,000 Stock Holdings in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Raymond James & Associates cut its stake in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,482 shares of the company’s stock after selling 552 shares during the quarter. Raymond James & Associates owned approximately 0.49% of VictoryShares US Multi-Factor Minimum Volatility ETF worth $651,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Tower Wealth Partners Inc. increased its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.3% during the third quarter. Tower Wealth Partners Inc. now owns 393,870 shares of the company’s stock worth $15,483,000 after buying an additional 1,226 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $43.53 on Thursday. The company has a market capitalization of $130.59 million, a price-to-earnings ratio of 18.92 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $38.44 and a one year high of $45.31. The company’s fifty day moving average price is $44.21 and its two-hundred day moving average price is $42.40.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were given a dividend of $0.056 per share. This represents a $0.67 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Thursday, April 11th.

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.