NewEdge Advisors LLC Trims Stock Position in VictoryShares International Value Momentum ETF (NASDAQ:UIVM)

NewEdge Advisors LLC lowered its stake in shares of VictoryShares International Value Momentum ETF (NASDAQ:UIVMFree Report) by 9.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,781 shares of the company’s stock after selling 968 shares during the period. NewEdge Advisors LLC’s holdings in VictoryShares International Value Momentum ETF were worth $406,000 as of its most recent filing with the SEC.

Separately, Financial Enhancement Group LLC raised its stake in shares of VictoryShares International Value Momentum ETF by 38.2% during the 4th quarter. Financial Enhancement Group LLC now owns 11,610 shares of the company’s stock valued at $531,000 after buying an additional 3,211 shares during the last quarter.

VictoryShares International Value Momentum ETF Stock Performance

NASDAQ UIVM opened at $53.27 on Tuesday. The stock has a 50-day simple moving average of $50.74 and a two-hundred day simple moving average of $48.71. The firm has a market capitalization of $247.72 million, a P/E ratio of 11.41 and a beta of 0.83. VictoryShares International Value Momentum ETF has a fifty-two week low of $45.08 and a fifty-two week high of $53.27.

VictoryShares International Value Momentum ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were paid a $0.2703 dividend. This represents a $3.24 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.05.

VictoryShares International Value Momentum ETF Profile

(Free Report)

The VictoryShares International Value Momentum ETF (UIVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from developed economies outside of the United States. UIVM was launched on Oct 24, 2017 and is managed by VictoryShares.

See Also

Want to see what other hedge funds are holding UIVM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VictoryShares International Value Momentum ETF (NASDAQ:UIVMFree Report).

Institutional Ownership by Quarter for VictoryShares International Value Momentum ETF (NASDAQ:UIVM)

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