VictoryShares WestEnd US Sector ETF (MODL) to Issue Monthly Dividend of $0.01 on May 11th

VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) announced a monthly dividend on Thursday, May 7th. Investors of record on Friday, May 8th will be given a dividend of 0.0134 per share on Monday, May 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, May 8th.

VictoryShares WestEnd US Sector ETF Stock Performance

NASDAQ:MODL opened at $49.89 on Friday. The stock’s 50-day simple moving average is $46.68 and its 200 day simple moving average is $47.12. The company has a market cap of $947.41 million, a P/E ratio of 56.06 and a beta of 0.94. VictoryShares WestEnd US Sector ETF has a 52-week low of $39.19 and a 52-week high of $49.96.

Institutional Trading of VictoryShares WestEnd US Sector ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. increased its position in shares of VictoryShares WestEnd US Sector ETF by 7.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,480,761 shares of the company’s stock valued at $260,446,000 after acquiring an additional 395,473 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of VictoryShares WestEnd US Sector ETF by 2.0% in the first quarter. Janney Montgomery Scott LLC now owns 1,288,857 shares of the company’s stock valued at $57,599,000 after acquiring an additional 24,925 shares during the last quarter. Truist Financial Corp increased its position in shares of VictoryShares WestEnd US Sector ETF by 5.7% in the fourth quarter. Truist Financial Corp now owns 1,119,138 shares of the company’s stock valued at $53,181,000 after acquiring an additional 60,079 shares during the last quarter. LPL Financial LLC increased its position in shares of VictoryShares WestEnd US Sector ETF by 33.5% in the fourth quarter. LPL Financial LLC now owns 1,094,146 shares of the company’s stock valued at $51,994,000 after acquiring an additional 274,425 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of VictoryShares WestEnd US Sector ETF by 12.4% in the third quarter. Raymond James Financial Inc. now owns 992,250 shares of the company’s stock valued at $45,858,000 after acquiring an additional 109,420 shares during the last quarter. Institutional investors and hedge funds own 29.49% of the company’s stock.

About VictoryShares WestEnd US Sector ETF

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.