GPS Wealth Strategies Group LLC Increases Stock Holdings in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA)

GPS Wealth Strategies Group LLC lifted its holdings in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) by 11.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,386 shares of the company’s stock after buying an additional 355 shares during the quarter. GPS Wealth Strategies Group LLC owned 0.07% of VictoryShares Dividend Accelerator ETF worth $175,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VSDA. Cetera Investment Advisers boosted its position in VictoryShares Dividend Accelerator ETF by 2.8% during the fourth quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after purchasing an additional 483 shares in the last quarter. Jane Street Group LLC increased its stake in VictoryShares Dividend Accelerator ETF by 9.6% in the fourth quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock valued at $1,354,000 after purchasing an additional 2,341 shares during the last quarter. Quent Capital LLC acquired a new position in VictoryShares Dividend Accelerator ETF in the first quarter valued at $147,000. LPL Financial LLC increased its stake in VictoryShares Dividend Accelerator ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock worth $13,793,000 after acquiring an additional 6,665 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new stake in VictoryShares Dividend Accelerator ETF during the fourth quarter worth about $521,000.

VictoryShares Dividend Accelerator ETF Price Performance

Shares of NASDAQ:VSDA opened at $50.57 on Friday. VictoryShares Dividend Accelerator ETF has a 12 month low of $45.51 and a 12 month high of $55.25. The business has a 50-day moving average of $49.93 and a two-hundred day moving average of $51.14. The firm has a market capitalization of $235.15 million, a PE ratio of 18.86 and a beta of 0.86.

VictoryShares Dividend Accelerator ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Monday, June 9th were given a $0.1044 dividend. The ex-dividend date of this dividend was Monday, June 9th.

About VictoryShares Dividend Accelerator ETF

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.