VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Declares Dividend Increase – $0.26 Per Share

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) announced a monthly dividend on Wednesday, December 10th. Investors of record on Thursday, December 11th will be given a dividend of 0.2635 per share on Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Thursday, December 11th. This is a 814.1% increase from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03.

VictoryShares International Value Momentum ETF Stock Up 1.2%

Shares of NASDAQ:UIVM opened at $63.54 on Thursday. The company has a market cap of $285.95 million, a PE ratio of 11.59 and a beta of 0.73. The firm has a 50-day simple moving average of $61.53 and a 200 day simple moving average of $59.98. VictoryShares International Value Momentum ETF has a fifty-two week low of $45.60 and a fifty-two week high of $63.53.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in VictoryShares International Value Momentum ETF by 1,518.8% in the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after buying an additional 486 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of VictoryShares International Value Momentum ETF by 87.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,880 shares of the company’s stock valued at $301,000 after purchasing an additional 2,740 shares during the period. World Investment Advisors acquired a new position in shares of VictoryShares International Value Momentum ETF during the second quarter worth approximately $569,000. Empirical Asset Management LLC acquired a new stake in VictoryShares International Value Momentum ETF in the 3rd quarter valued at approximately $893,000. Finally, Citadel Advisors LLC acquired a new position in shares of VictoryShares International Value Momentum ETF during the third quarter valued at $1,057,000.

VictoryShares International Value Momentum ETF Company Profile

The VictoryShares International Value Momentum ETF (UIVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from developed economies outside of the United States. UIVM was launched on Oct 24, 2017 and is managed by VictoryShares.