VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) to Issue Monthly Dividend of $0.05

VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) declared a monthly dividend on Tuesday, September 8th. Shareholders of record on Wednesday, September 9th will be given a dividend of 0.0475 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 9th. This is a 247.3% increase from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01.

VictoryShares WestEnd US Sector ETF Price Performance

Shares of VictoryShares WestEnd US Sector ETF stock opened at $52.52 on Wednesday. VictoryShares WestEnd US Sector ETF has a 1 year low of $43.38 and a 1 year high of $53.43. The business has a 50-day moving average of $52.05 and a two-hundred day moving average of $49.58. The company has a market capitalization of $1.06 billion, a P/E ratio of 59.01 and a beta of 0.93.

Institutional Trading of VictoryShares WestEnd US Sector ETF

Several hedge funds have recently bought and sold shares of MODL. Kestra Advisory Services LLC bought a new position in VictoryShares WestEnd US Sector ETF in the fourth quarter valued at approximately $38,000. Capital Analysts LLC acquired a new stake in shares of VictoryShares WestEnd US Sector ETF in the fourth quarter valued at approximately $126,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of VictoryShares WestEnd US Sector ETF in the third quarter worth $184,000. Comerica Bank boosted its holdings in VictoryShares WestEnd US Sector ETF by 11.2% during the third quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after purchasing an additional 452 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in VictoryShares WestEnd US Sector ETF in the first quarter valued at $208,000. 29.49% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd US Sector ETF Company Profile

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.