VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Plans Dividend Increase – $0.46 Per Share

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) announced a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Shareholders of record on Thursday, July 9th will be given a dividend of 0.4573 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Thursday, July 9th. This is a 603.8% increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

UEVM stock traded down $0.11 during midday trading on Thursday, reaching $58.20. 1,770 shares of the company were exchanged, compared to its average volume of 5,518. The company has a market cap of $244.44 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. VictoryShares Emerging Markets Value Momentum ETF has a 1-year low of $51.53 and a 1-year high of $61.77. The stock’s 50-day simple moving average is $59.56 and its 200 day simple moving average is $58.90.

Institutional Investors Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in VictoryShares Emerging Markets Value Momentum ETF in the first quarter valued at $382,000. Citadel Advisors LLC purchased a new position in shares of VictoryShares Emerging Markets Value Momentum ETF during the third quarter worth about $720,000. OLD Mission Capital LLC increased its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the fourth quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock worth $753,000 after purchasing an additional 1,323 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 55.1% during the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after purchasing an additional 5,891 shares in the last quarter. Finally, Sigma Planning Corp lifted its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% in the 4th quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock valued at $986,000 after purchasing an additional 638 shares during the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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 emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.