Raymond James Financial Inc. Makes New $2.09 Million Investment in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA)

Raymond James Financial Inc. bought a new stake in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 41,072 shares of the company’s stock, valued at approximately $2,088,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in VSDA. Gladstone Institutional Advisory LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock worth $4,369,000 after acquiring an additional 1,240 shares in the last quarter. DDD Partners LLC lifted its stake in Victoryshares Dividend Accelerator ETF by 100.7% during the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock worth $9,464,000 after purchasing an additional 93,402 shares during the last quarter. Finally, Pinnacle Financial Partners Inc boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 2.3% in the 4th quarter. Pinnacle Financial Partners Inc now owns 464,910 shares of the company’s stock valued at $23,631,000 after purchasing an additional 10,637 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of VSDA opened at $51.08 on Monday. Victoryshares Dividend Accelerator ETF has a 52-week low of $47.43 and a 52-week high of $55.25. The firm has a market cap of $242.64 million, a price-to-earnings ratio of 18.20 and a beta of 0.86. The business’s fifty day moving average is $51.85 and its 200-day moving average is $52.35.

Victoryshares Dividend Accelerator ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a $0.1081 dividend. The ex-dividend date was Monday, March 10th. This is a boost from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03.

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.