VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Declares Monthly Dividend of $0.10

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Tuesday, September 8th. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.104 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 249.6% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 0.8%

Shares of NASDAQ:VSMV opened at $60.87 on Wednesday. The company has a 50 day moving average of $60.46 and a 200 day moving average of $59.24. The stock has a market cap of $158.26 million, a P/E ratio of 18.64 and a beta of 0.69. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $51.81 and a 12 month high of $61.94.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.