VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Announces Monthly Dividend of $0.04

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Thursday, May 7th, NASDAQ Dividends reports. Stockholders of record on Friday, May 8th will be given a dividend of 0.0355 per share on Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, May 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of NASDAQ:VSMV traded up $0.28 on Friday, hitting $59.54. 19,230 shares of the company’s stock were exchanged, compared to its average volume of 6,967. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $47.64 and a 12 month high of $59.63. The stock has a market capitalization of $154.80 million, a price-to-earnings ratio of 18.64 and a beta of 0.69. The business’s 50 day simple moving average is $57.67 and its two-hundred day simple moving average is $56.36.

VictoryShares US Multi-Factor Minimum Volatility ETF Company 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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.