VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) Declares $0.01 Monthly Dividend

VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) announced a monthly dividend on Thursday, May 7th. Stockholders of record on Friday, May 8th will be paid a dividend of 0.0134 per share on Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, May 8th.

VictoryShares WestEnd US Sector ETF Stock Performance

Shares of NASDAQ:MODL opened at $49.65 on Friday. VictoryShares WestEnd US Sector ETF has a 52 week low of $39.18 and a 52 week high of $49.96. The company’s fifty day moving average is $46.68 and its 200-day moving average is $47.12. The company has a market capitalization of $942.85 million, a PE ratio of 55.79 and a beta of 0.94.

Institutional Investors Weigh In On VictoryShares WestEnd US Sector ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 7.8% in the 4th quarter. Victory Capital Management Inc. now owns 5,480,761 shares of the company’s stock valued at $260,446,000 after purchasing an additional 395,473 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 2.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,288,857 shares of the company’s stock valued at $57,599,000 after purchasing an additional 24,925 shares in the last quarter. Truist Financial Corp boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 5.7% in the 4th quarter. Truist Financial Corp now owns 1,119,138 shares of the company’s stock valued at $53,181,000 after purchasing an additional 60,079 shares in the last quarter. LPL Financial LLC boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 33.5% in the 4th quarter. LPL Financial LLC now owns 1,094,146 shares of the company’s stock valued at $51,994,000 after purchasing an additional 274,425 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of VictoryShares WestEnd US Sector ETF by 12.4% in the 3rd quarter. Raymond James Financial Inc. now owns 992,250 shares of the company’s stock valued at $45,858,000 after purchasing an additional 109,420 shares in the last quarter. Institutional investors and hedge funds own 29.49% of the company’s stock.

About VictoryShares WestEnd US Sector ETF

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.