VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Update

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,099 shares, a decline of 86.9% from the August 31st total of 8,386 shares. Based on an average trading volume of 25,859 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC bought a new stake in VictoryShares WestEnd Global Equity ETF in the 1st quarter valued at $2,343,000. Envestnet Asset Management Inc. boosted its holdings in shares of VictoryShares WestEnd Global Equity ETF by 150.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,573 shares of the company’s stock worth $1,544,000 after acquiring an additional 26,798 shares during the period. Royal Bank of Canada grew its position in shares of VictoryShares WestEnd Global Equity ETF by 222.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock valued at $310,000 after purchasing an additional 7,098 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of VictoryShares WestEnd Global Equity ETF by 6.7% in the first quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock valued at $1,112,000 after purchasing an additional 2,299 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of VictoryShares WestEnd Global Equity ETF by 5.0% during the first quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after purchasing an additional 1,737 shares during the period. Institutional investors own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Trading Down 0.0%

Shares of NASDAQ GLOW traded down $0.01 during mid-day trading on Friday, reaching $34.70. 5,372 shares of the company’s stock were exchanged, compared to its average volume of 11,876. The firm has a market capitalization of $76.69 million, a price-to-earnings ratio of -84.66 and a beta of 0.82. The business has a fifty day simple moving average of $34.85 and a 200 day simple moving average of $33.51. VictoryShares WestEnd Global Equity ETF has a twelve month low of $29.27 and a twelve month high of $35.58.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were paid a dividend of $0.1411 per share. This represents a $1.69 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous monthly dividend of $0.0277. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is currently -102.44%.

About VictoryShares WestEnd Global Equity ETF

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.