Kestra Private Wealth Services LLC Raises Position in VictoryShares WestEnd US Sector ETF $MODL

Kestra Private Wealth Services LLC increased its stake in VictoryShares WestEnd US Sector ETF (NASDAQ:MODLFree Report) by 69.5% in the first quarter, Holdings Channel reports. The firm owned 25,702 shares of the company’s stock after purchasing an additional 10,537 shares during the period. Kestra Private Wealth Services LLC’s holdings in VictoryShares WestEnd US Sector ETF were worth $1,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Truist Financial Corp lifted its holdings in VictoryShares WestEnd US Sector ETF by 5.7% in the fourth quarter. Truist Financial Corp now owns 1,119,138 shares of the company’s stock valued at $53,181,000 after acquiring an additional 60,079 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of VictoryShares WestEnd US Sector ETF by 5.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 539,939 shares of the company’s stock worth $25,658,000 after purchasing an additional 30,182 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of VictoryShares WestEnd US Sector ETF in the fourth quarter valued at approximately $3,506,000. Northwestern Mutual Wealth Management Co. acquired a new stake in VictoryShares WestEnd US Sector ETF during the 3rd quarter worth $184,000. Finally, Capital Analysts LLC acquired a new stake in VictoryShares WestEnd US Sector ETF in the 4th quarter valued at about $126,000. Hedge funds and other institutional investors own 29.49% of the company’s stock.

VictoryShares WestEnd US Sector ETF Trading Up 0.5%

Shares of MODL stock opened at $50.97 on Wednesday. The company’s 50-day moving average price is $49.99 and its 200-day moving average price is $48.01. VictoryShares WestEnd US Sector ETF has a twelve month low of $42.91 and a twelve month high of $51.28. The stock has a market cap of $967.92 million, a price-to-earnings ratio of 57.27 and a beta of 0.94.

VictoryShares WestEnd US Sector ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a dividend of $0.048 per share. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. VictoryShares WestEnd US Sector ETF’s dividend payout ratio is currently 40.45%.

VictoryShares WestEnd US Sector ETF Profile

(Free Report)

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.

Featured Stories

Want to see what other hedge funds are holding MODL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VictoryShares WestEnd US Sector ETF (NASDAQ:MODLFree Report).

Institutional Ownership by Quarter for VictoryShares WestEnd US Sector ETF (NASDAQ:MODL)

Receive News & Ratings for VictoryShares WestEnd US Sector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares WestEnd US Sector ETF and related companies with MarketBeat.com's FREE daily email newsletter.