VictoryShares US Value Momentum ETF (NASDAQ:ULVM) to Issue Monthly Dividend of $0.23

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) announced a monthly dividend on Monday, March 9th, NASDAQ Dividends reports. Investors of record on Tuesday, March 10th will be given a dividend of 0.2345 per share on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, March 10th. This is a 206.9% increase from VictoryShares US Value Momentum ETF’s previous monthly dividend of $0.08.

VictoryShares US Value Momentum ETF Price Performance

NASDAQ ULVM traded down $0.56 during trading hours on Tuesday, hitting $96.47. The company’s stock had a trading volume of 888 shares, compared to its average volume of 5,176. VictoryShares US Value Momentum ETF has a 12 month low of $69.72 and a 12 month high of $100.16. The company’s 50 day simple moving average is $96.45 and its two-hundred day simple moving average is $92.31. The company has a market cap of $231.53 million, a P/E ratio of 17.39 and a beta of 0.92.

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.