Money Concepts Capital Corp Lowers Holdings in VictoryShares Dividend Accelerator ETF $VSDA

Money Concepts Capital Corp decreased its holdings in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) by 22.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,497 shares of the company’s stock after selling 10,072 shares during the period. Money Concepts Capital Corp’s holdings in VictoryShares Dividend Accelerator ETF were worth $1,935,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Commonwealth Equity Services LLC raised its stake in VictoryShares Dividend Accelerator ETF by 1.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 16,507 shares of the company’s stock valued at $871,000 after purchasing an additional 303 shares during the period. Stifel Financial Corp boosted its stake in VictoryShares Dividend Accelerator ETF by 4.2% in the 4th quarter. Stifel Financial Corp now owns 10,237 shares of the company’s stock worth $540,000 after purchasing an additional 410 shares during the period. Osaic Holdings Inc. grew its holdings in VictoryShares Dividend Accelerator ETF by 2.9% during the 2nd quarter. Osaic Holdings Inc. now owns 14,973 shares of the company’s stock valued at $776,000 after buying an additional 415 shares in the last quarter. Keystone Financial Group grew its holdings in VictoryShares Dividend Accelerator ETF by 3.8% during the 3rd quarter. Keystone Financial Group now owns 22,206 shares of the company’s stock valued at $1,187,000 after buying an additional 814 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of VictoryShares Dividend Accelerator ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 26,291 shares of the company’s stock valued at $1,388,000 after buying an additional 1,002 shares during the last quarter.

VictoryShares Dividend Accelerator ETF Price Performance

Shares of VSDA stock traded up $0.57 during mid-day trading on Friday, hitting $58.35. The company had a trading volume of 14,366 shares, compared to its average volume of 11,260. The stock’s 50 day moving average price is $56.34 and its 200-day moving average price is $55.86. VictoryShares Dividend Accelerator ETF has a 52-week low of $51.14 and a 52-week high of $59.54. The company has a market capitalization of $242.15 million, a P/E ratio of 18.24 and a beta of 0.78.

VictoryShares Dividend Accelerator ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a $0.1791 dividend. The ex-dividend date was Thursday, July 9th. This is an increase from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14.

About VictoryShares Dividend Accelerator ETF

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.