VictoryShares US Multi-Factor Minimum Volatility ETF Plans Monthly Dividend of $0.02 (NASDAQ:VSMV)

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Wednesday, January 7th. Shareholders of record on Thursday, January 8th will be given a dividend of 0.0241 per share on Friday, January 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, January 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VSMV stock opened at $55.92 on Thursday. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $43.33 and a fifty-two week high of $56.40. The company has a market capitalization of $162.17 million, a price-to-earnings ratio of 18.64 and a beta of 0.74. The business’s 50 day moving average price is $54.71 and its two-hundred day moving average price is $52.61.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.