Investors Research Corp Acquires 16,107 Shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Investors Research Corp grew its position in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 8.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 217,225 shares of the company’s stock after purchasing an additional 16,107 shares during the quarter. Victoryshares Dividend Accelerator ETF makes up 2.5% of Investors Research Corp’s investment portfolio, making the stock its 8th largest position. Investors Research Corp owned approximately 4.39% of Victoryshares Dividend Accelerator ETF worth $11,541,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. GPS Wealth Strategies Group LLC acquired a new position in Victoryshares Dividend Accelerator ETF during the second quarter worth approximately $26,000. Cornerstone Wealth Management LLC acquired a new position in Victoryshares Dividend Accelerator ETF during the third quarter worth about $216,000. Integrated Advisors Network LLC lifted its position in shares of Victoryshares Dividend Accelerator ETF by 28.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock valued at $291,000 after acquiring an additional 1,203 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Victoryshares Dividend Accelerator ETF by 104.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock worth $2,047,000 after acquiring an additional 21,692 shares in the last quarter. Finally, DDD Partners LLC grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 3.2% in the 2nd quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after acquiring an additional 2,751 shares during the period.

Victoryshares Dividend Accelerator ETF Price Performance

VSDA traded up $0.06 during trading on Thursday, reaching $53.33. 157 shares of the stock were exchanged, compared to its average volume of 15,692. Victoryshares Dividend Accelerator ETF has a 1 year low of $44.78 and a 1 year high of $53.99. The business’s 50 day moving average price is $52.86 and its two-hundred day moving average price is $50.83. The company has a market capitalization of $263.98 million, a price-to-earnings ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a $0.0307 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.37 annualized dividend and a dividend yield of 0.69%.

Victoryshares Dividend Accelerator ETF Company Profile

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.