Raymond James Financial Inc. Buys Shares of 43,936 VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

Raymond James Financial Inc. purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 43,936 shares of the company’s stock, valued at approximately $2,110,000.

Separately, Legacy Solutions LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at $299,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 1.1 %

Shares of NASDAQ VSMV opened at $47.93 on Monday. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $42.82 and a one year high of $50.71. The firm has a market capitalization of $110.24 million, a price-to-earnings ratio of 21.25 and a beta of 0.79. The business has a fifty day simple moving average of $48.83 and a 200 day simple moving average of $48.81.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.07 dividend. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.