Great Valley Advisor Group Inc. Buys 26,101 Shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Great Valley Advisor Group Inc. raised its stake in shares of Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 363,836 shares of the company’s stock after purchasing an additional 26,101 shares during the quarter. Great Valley Advisor Group Inc. owned approximately 7.35% of Victoryshares Dividend Accelerator ETF worth $19,331,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Investors Research Corp raised its stake in Victoryshares Dividend Accelerator ETF by 8.0% in the third quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after buying an additional 16,107 shares in the last quarter. Pinnacle Financial Partners Inc lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 4.3% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock valued at $24,136,000 after purchasing an additional 18,645 shares during the period. Gladstone Institutional Advisory LLC grew its stake in Victoryshares Dividend Accelerator ETF by 1.5% in the third quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock worth $4,501,000 after purchasing an additional 1,272 shares during the period. Integrated Advisors Network LLC lifted its position in Victoryshares Dividend Accelerator ETF by 28.2% during the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock valued at $291,000 after buying an additional 1,203 shares during the period. Finally, Cornerstone Wealth Management LLC bought a new stake in shares of Victoryshares Dividend Accelerator ETF during the 3rd quarter valued at $216,000.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of NASDAQ VSDA opened at $54.41 on Friday. Victoryshares Dividend Accelerator ETF has a 1 year low of $44.81 and a 1 year high of $54.42. The firm has a 50-day moving average of $52.90 and a 200 day moving average of $50.86. The stock has a market cap of $269.35 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.0307 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.37 annualized dividend and a dividend yield of 0.68%.

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.