VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Trading Up 0.8% – Here’s What Happened

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) traded up 0.8% on Tuesday . The company traded as high as $53.92 and last traded at $53.83. 15,341 shares traded hands during trading, a decline of 23% from the average session volume of 19,814 shares. The stock had previously closed at $53.41.

VictoryShares Dividend Accelerator ETF Stock Up 0.8%

The stock’s 50-day simple moving average is $52.65 and its 200 day simple moving average is $53.01. The company has a market cap of $223.39 million, a price-to-earnings ratio of 18.24 and a beta of 0.87.

VictoryShares Dividend Accelerator ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a $0.3062 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This is a boost from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

Institutional Trading of VictoryShares Dividend Accelerator ETF

Several hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new stake in VictoryShares Dividend Accelerator ETF during the 2nd quarter worth approximately $827,000. Investors Research Corp grew its stake in shares of VictoryShares Dividend Accelerator ETF by 4.7% in the third quarter. Investors Research Corp now owns 284,357 shares of the company’s stock worth $15,205,000 after acquiring an additional 12,884 shares in the last quarter. Strategic Blueprint LLC increased its position in shares of VictoryShares Dividend Accelerator ETF by 1.7% during the second quarter. Strategic Blueprint LLC now owns 49,200 shares of the company’s stock worth $2,549,000 after acquiring an additional 809 shares during the period. Landmark Wealth Management LLC increased its position in shares of VictoryShares Dividend Accelerator ETF by 11.0% during the second quarter. Landmark Wealth Management LLC now owns 7,035 shares of the company’s stock worth $364,000 after acquiring an additional 697 shares during the period. Finally, Great Valley Advisor Group Inc. raised its stake in shares of VictoryShares Dividend Accelerator ETF by 4.2% in the second quarter. Great Valley Advisor Group Inc. now owns 1,081,362 shares of the company’s stock valued at $56,015,000 after acquiring an additional 43,747 shares in the last quarter.

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.