Dakota Wealth Management Invests $572,000 in VictoryShares US Multi-Factor Minimum Volatility ETF $VSMV

Dakota Wealth Management bought a new position in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,345 shares of the company’s stock, valued at approximately $572,000. Dakota Wealth Management owned about 0.36% of VictoryShares US Multi-Factor Minimum Volatility ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Lindenwold Advisors INC raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 29.2% during the 3rd quarter. Lindenwold Advisors INC now owns 6,786 shares of the company’s stock valued at $364,000 after purchasing an additional 1,534 shares during the last quarter. Susquehanna International Group LLP grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 353.3% in the 3rd quarter. Susquehanna International Group LLP now owns 32,191 shares of the company’s stock worth $1,727,000 after buying an additional 25,089 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 8.9% during the third quarter. Citadel Advisors LLC now owns 29,398 shares of the company’s stock valued at $1,577,000 after buying an additional 2,410 shares during the period. Valley Financial Group Inc. purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter valued at approximately $206,000. Finally, Two Sigma Investments LP raised its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 7.1% during the third quarter. Two Sigma Investments LP now owns 12,100 shares of the company’s stock valued at $649,000 after acquiring an additional 800 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.1%

Shares of VSMV stock opened at $55.78 on Tuesday. The stock has a fifty day moving average of $57.49 and a 200 day moving average of $55.51. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $43.33 and a 52 week high of $58.93. The firm has a market capitalization of $158.97 million, a price-to-earnings ratio of 18.64 and a beta of 0.74.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were issued a $0.1005 dividend. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a yield of 2.2%.

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.