Cambridge Investment Research Advisors Inc. Buys 21,692 Shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Cambridge Investment Research Advisors Inc. grew its stake in shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 104.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,363 shares of the company’s stock after buying an additional 21,692 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.85% of Victoryshares Dividend Accelerator ETF worth $2,047,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. GPS Wealth Strategies Group LLC purchased a new stake in Victoryshares Dividend Accelerator ETF in the 2nd quarter worth $26,000. Scarborough Advisors LLC bought a new stake in Victoryshares Dividend Accelerator ETF during the 4th quarter valued at approximately $125,000. Thoroughbred Financial Services LLC lifted its holdings in Victoryshares Dividend Accelerator ETF by 6.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock worth $364,000 after purchasing an additional 461 shares in the last quarter. International Assets Investment Management LLC bought a new position in Victoryshares Dividend Accelerator ETF in the 4th quarter worth approximately $566,000. Finally, Gladstone Institutional Advisory LLC grew its holdings in Victoryshares Dividend Accelerator ETF by 1.0% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 78,214 shares of the company’s stock valued at $3,721,000 after buying an additional 800 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Price Performance

Victoryshares Dividend Accelerator ETF stock opened at $52.48 on Tuesday. Victoryshares Dividend Accelerator ETF has a 1 year low of $41.26 and a 1 year high of $52.48. The firm’s 50 day moving average price is $49.95 and its 200-day moving average price is $49.26. The stock has a market cap of $262.40 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were issued a $0.0232 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $0.28 dividend on an annualized basis and a yield of 0.53%.

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.