Rockefeller Capital Management L.P. Has $25.66 Million Position in VictoryShares WestEnd US Sector ETF $MODL

Rockefeller Capital Management L.P. lifted its position in shares of VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 539,939 shares of the company’s stock after acquiring an additional 30,182 shares during the period. Rockefeller Capital Management L.P.’s holdings in VictoryShares WestEnd US Sector ETF were worth $25,658,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in shares of VictoryShares WestEnd US Sector ETF during the 4th quarter valued at $38,000. Allworth Financial LP bought a new position in VictoryShares WestEnd US Sector ETF in the third quarter valued at about $78,000. Capital Analysts LLC acquired a new stake in VictoryShares WestEnd US Sector ETF during the 4th quarter worth approximately $126,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of VictoryShares WestEnd US Sector ETF during the third quarter worth $184,000. Finally, Comerica Bank lifted its holdings in VictoryShares WestEnd US Sector ETF by 11.2% during the 3rd quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after buying an additional 452 shares during the period. 29.49% of the stock is currently owned by institutional investors.

VictoryShares WestEnd US Sector ETF Price Performance

Shares of MODL stock opened at $50.49 on Tuesday. The stock has a market capitalization of $958.81 million, a PE ratio of 56.73 and a beta of 0.94. VictoryShares WestEnd US Sector ETF has a one year low of $41.18 and a one year high of $51.28. The business’s 50 day simple moving average is $49.67 and its 200 day simple moving average is $47.89.

VictoryShares WestEnd US Sector ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.048 dividend. The ex-dividend date was Tuesday, June 9th. This is a positive change from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a yield of 1.1%. VictoryShares WestEnd US Sector ETF’s dividend payout ratio (DPR) is presently 40.45%.

VictoryShares WestEnd US Sector ETF Company Profile

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.