VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Shares Sold by One Degree Advisors Inc

One Degree Advisors Inc reduced its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 16,827 shares of the company’s stock after selling 798 shares during the period. One Degree Advisors Inc’s holdings in VictoryShares US Multi-Factor Minimum Volatility ETF were worth $811,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VSMV. Tower Wealth Partners Inc. boosted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after buying an additional 8,973 shares in the last quarter. Sovereign Financial Group Inc. boosted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 71.5% during the 1st quarter. Sovereign Financial Group Inc. now owns 21,820 shares of the company’s stock worth $987,000 after acquiring an additional 9,099 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 1st quarter worth approximately $260,000. Finally, Great Valley Advisor Group Inc. increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock valued at $15,729,000 after purchasing an additional 53,373 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock opened at $49.20 on Monday. The stock has a market cap of $127.92 million, a PE ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $38.44 and a 1 year high of $49.20. The stock has a fifty day moving average price of $47.93 and a 200 day moving average price of $46.05.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were given a $0.0482 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $0.58 annualized dividend and a dividend yield of 1.17%.

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.