VictoryShares US Multi-Factor Minimum Volatility ETF Announces Monthly Dividend of $0.06 (NASDAQ:VSMV)

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, July 9th will be given a dividend of 0.0591 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, July 9th.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock remained flat at $59.58 during trading hours on Thursday. 3,335 shares of the stock traded hands, compared to its average volume of 5,966. The business’s 50-day moving average price is $59.62 and its two-hundred day moving average price is $58.05. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $48.71 and a 1-year high of $60.91. The stock has a market cap of $154.91 million, a price-to-earnings ratio of 18.64 and a beta of 0.69.

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.