VictoryShares US Value Momentum ETF (NASDAQ:ULVM) Announces Monthly Dividend of $0.17

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) announced a monthly dividend on Tuesday, September 10th, NASDAQ reports. Stockholders of record on Wednesday, September 11th will be paid a dividend of 0.1696 per share on Thursday, September 12th. This represents a $2.03 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Wednesday, September 11th. This is a positive change from VictoryShares US Value Momentum ETF’s previous monthly dividend of $0.03.

VictoryShares US Value Momentum ETF Stock Performance

VictoryShares US Value Momentum ETF stock traded up $0.21 during mid-day trading on Wednesday, reaching $77.15. The stock had a trading volume of 122 shares, compared to its average volume of 3,024. VictoryShares US Value Momentum ETF has a fifty-two week low of $58.90 and a fifty-two week high of $79.91. The stock’s 50-day simple moving average is $76.88 and its 200-day simple moving average is $75.08. The firm has a market capitalization of $158.16 million, a PE ratio of 15.67 and a beta of 0.99.

VictoryShares US Value Momentum ETF Company Profile

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.