Focus Financial Network Inc. Sells 437 Shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Focus Financial Network Inc. trimmed its stake in shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,331 shares of the company’s stock after selling 437 shares during the quarter. Focus Financial Network Inc.’s holdings in Victoryshares Dividend Accelerator ETF were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Great Valley Advisor Group Inc. raised its stake in Victoryshares Dividend Accelerator ETF by 7.7% during the third quarter. Great Valley Advisor Group Inc. now owns 363,836 shares of the company’s stock worth $19,331,000 after buying an additional 26,101 shares during the last quarter. Pinnacle Financial Partners Inc grew its holdings in Victoryshares Dividend Accelerator ETF by 4.3% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock worth $24,136,000 after acquiring an additional 18,645 shares during the period. Investors Research Corp raised its position in shares of Victoryshares Dividend Accelerator ETF by 8.0% in the 3rd quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after acquiring an additional 16,107 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF in the 3rd quarter valued at about $216,000. Finally, Gladstone Institutional Advisory LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock valued at $4,501,000 after purchasing an additional 1,272 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of VSDA stock opened at $51.87 on Friday. Victoryshares Dividend Accelerator ETF has a fifty-two week low of $47.43 and a fifty-two week high of $55.25. The stock has a 50 day simple moving average of $51.70 and a two-hundred day simple moving average of $52.20. The company has a market cap of $246.38 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were paid a $0.032 dividend. The ex-dividend date of this dividend was Friday, February 7th.

Victoryshares Dividend Accelerator ETF Profile

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.