GPS Wealth Strategies Group LLC Takes $26,000 Position in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

GPS Wealth Strategies Group LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 548 shares of the company’s stock, valued at approximately $26,000.

Other large investors have also recently bought and sold shares of the company. Scarborough Advisors LLC bought a new stake in Victoryshares Dividend Accelerator ETF in the 4th quarter worth about $125,000. Thoroughbred Financial Services LLC lifted its holdings in shares of Victoryshares Dividend Accelerator ETF by 6.8% during the 1st quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock worth $364,000 after acquiring an additional 461 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF during the 4th quarter valued at about $566,000. KLR Investment Advisors LLC purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the 1st quarter valued at $754,000. Finally, Gladstone Institutional Advisory LLC grew its stake in shares of Victoryshares Dividend Accelerator ETF by 1.0% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 78,214 shares of the company’s stock valued at $3,721,000 after buying an additional 800 shares during the last quarter.

Victoryshares Dividend Accelerator ETF Trading Up 0.7 %

NASDAQ VSDA traded up $0.35 on Thursday, hitting $50.66. The company’s stock had a trading volume of 3,930 shares, compared to its average volume of 16,001. Victoryshares Dividend Accelerator ETF has a 52-week low of $41.26 and a 52-week high of $51.35. The company’s 50-day simple moving average is $49.26 and its 200 day simple moving average is $48.92. The firm has a market cap of $253.30 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were given a $0.0232 dividend. The ex-dividend date was Thursday, August 8th. This represents a $0.28 annualized dividend and a yield of 0.55%.

Victoryshares Dividend Accelerator ETF Company 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.