VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) to Issue $0.03 Dividend

by · The Markets Daily

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Free Report) declared a dividend on Thursday, August 6th, NASDAQ Dividends reports. Shareholders of record on Friday, August 7th will be given a dividend of 0.0298 per share on Monday, August 10th. The ex-dividend date of this dividend is Friday, August 7th.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.5%

Shares of NASDAQ:VSMV traded up $0.32 during trading on Friday, reaching $60.74. The stock had a trading volume of 5,538 shares, compared to its average volume of 5,832. The firm’s 50-day simple moving average is $59.83 and its 200 day simple moving average is $58.66. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $50.07 and a one year high of $61.62. The company has a market capitalization of $157.92 million, a P/E ratio of 18.64 and a beta of 0.69.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

(Get Free Report)

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.

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