VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Increases Dividend to $0.46 Per Share

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) declared a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, July 9th will be paid a dividend of 0.4573 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Thursday, July 9th. This is a 603.8% increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06.

VictoryShares Emerging Markets Value Momentum ETF Price Performance

Shares of UEVM traded down $0.11 during mid-day trading on Thursday, reaching $58.20. The stock had a trading volume of 1,770 shares, compared to its average volume of 5,518. VictoryShares Emerging Markets Value Momentum ETF has a 52-week low of $51.53 and a 52-week high of $61.77. The firm has a market cap of $244.44 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. The business’s fifty day moving average is $59.56 and its 200 day moving average is $58.90.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the 1st quarter valued at approximately $382,000. Citadel Advisors LLC purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the third quarter worth approximately $720,000. OLD Mission Capital LLC increased its stake in VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the fourth quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock worth $753,000 after acquiring an additional 1,323 shares during the last quarter. Raymond James Financial Inc. increased its stake in VictoryShares Emerging Markets Value Momentum ETF by 55.1% during the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after acquiring an additional 5,891 shares during the last quarter. Finally, Sigma Planning Corp raised its position in VictoryShares Emerging Markets Value Momentum ETF by 3.7% in the fourth quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock valued at $986,000 after purchasing an additional 638 shares during the period.

About VictoryShares Emerging Markets Value Momentum ETF

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.