VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Declares $0.04 Monthly Dividend

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Tuesday, July 9th, NASDAQ reports. Shareholders of record on Wednesday, July 10th will be given a dividend of 0.0429 per share on Thursday, July 11th. This represents a $0.52 annualized dividend and a yield of 1.11%. The ex-dividend date is Wednesday, July 10th.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock traded up $0.42 on Wednesday, hitting $46.24. The stock had a trading volume of 40,358 shares, compared to its average volume of 8,871. The firm has a market capitalization of $141.03 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. The stock’s 50 day moving average is $44.84 and its 200-day moving average is $43.99. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52-week low of $38.44 and a 52-week high of $46.24.

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.