Monarch Volume Factor Dividend Tree Index ETF $MVFD Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its stake in Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) by 4.9% in the fourth quarter, HoldingsChannel reports. The firm owned 2,897,902 shares of the company’s stock after purchasing an additional 136,287 shares during the period. Monarch Volume Factor Dividend Tree Index ETF accounts for 1.2% of Kingsview Wealth Management LLC’s holdings, making the stock its 14th biggest position. Kingsview Wealth Management LLC owned 0.95% of Monarch Volume Factor Dividend Tree Index ETF worth $81,699,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, West Michigan Advisors LLC acquired a new position in shares of Monarch Volume Factor Dividend Tree Index ETF in the 4th quarter valued at $216,000.

Monarch Volume Factor Dividend Tree Index ETF Trading Down 0.9%

BATS:MVFD opened at $30.42 on Thursday. Monarch Volume Factor Dividend Tree Index ETF has a 1-year low of $25.08 and a 1-year high of $31.86. The stock has a fifty day simple moving average of $29.88 and a 200 day simple moving average of $29.56.

Monarch Volume Factor Dividend Tree Index ETF Company Profile

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.