VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend of $0.01 (NASDAQ:VSMV)

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a dividend on Tuesday, January 7th,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 8th will be given a dividend of 0.0116 per share on Thursday, January 9th. The ex-dividend date of this dividend is Wednesday, January 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VictoryShares US Multi-Factor Minimum Volatility ETF stock traded up $0.15 during midday trading on Wednesday, reaching $48.24. 3,141 shares of the company’s stock were exchanged, compared to its average volume of 13,548. The stock’s 50-day simple moving average is $49.19 and its 200 day simple moving average is $47.98. The firm has a market cap of $113.36 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $42.00 and a 52 week high of $50.71.

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.