Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Update

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 3,400 shares, a drop of 15.0% from the August 31st total of 4,000 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is presently 0.3 days.

Victoryshares Dividend Accelerator ETF Trading Up 0.4 %

Shares of VSDA opened at $53.05 on Friday. The company’s fifty day simple moving average is $51.36 and its 200-day simple moving average is $49.77. The company has a market cap of $265.27 million, a P/E ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a twelve month low of $41.26 and a twelve month high of $53.46.

Victoryshares Dividend Accelerator ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were paid a $0.1389 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $1.67 annualized dividend and a yield of 3.14%. This is an increase from Victoryshares Dividend Accelerator ETF’s previous monthly dividend of $0.02.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Great Valley Advisor Group Inc. raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 5.8% in the second quarter. Great Valley Advisor Group Inc. now owns 337,735 shares of the company’s stock worth $16,319,000 after buying an additional 18,646 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Victoryshares Dividend Accelerator ETF by 98.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock worth $5,738,000 after purchasing an additional 58,798 shares during the period. DDD Partners LLC lifted its position in shares of Victoryshares Dividend Accelerator ETF by 3.2% during the second quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after purchasing an additional 2,751 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Victoryshares Dividend Accelerator ETF by 104.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock valued at $2,047,000 after purchasing an additional 21,692 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its stake in shares of Victoryshares Dividend Accelerator ETF by 6.8% during the first quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock valued at $364,000 after purchasing an additional 461 shares during the period.

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.