Northwestern Mutual Wealth Management Co. Has $21.91 Million Stake in VictoryShares US 500 Volatility Wtd ETF $CFA

Northwestern Mutual Wealth Management Co. boosted its position in shares of VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 240,762 shares of the company’s stock after buying an additional 8,514 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 3.98% of VictoryShares US 500 Volatility Wtd ETF worth $21,912,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 4th quarter valued at approximately $4,681,000. Claro Advisors LLC boosted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 27.6% in the 3rd quarter. Claro Advisors LLC now owns 5,936 shares of the company’s stock valued at $540,000 after purchasing an additional 1,284 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 17.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 42,318 shares of the company’s stock valued at $3,830,000 after purchasing an additional 6,423 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 39.3% in the 3rd quarter. Westside Investment Management Inc. now owns 1,500 shares of the company’s stock valued at $136,000 after purchasing an additional 423 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 2nd quarter valued at approximately $296,000.

VictoryShares US 500 Volatility Wtd ETF Trading Down 0.1%

CFA opened at $96.45 on Monday. The company’s 50 day moving average is $94.16 and its 200-day moving average is $93.29. VictoryShares US 500 Volatility Wtd ETF has a 1-year low of $84.73 and a 1-year high of $96.91. The company has a market cap of $535.30 million, a P/E ratio of 20.50 and a beta of 0.87.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a dividend of $0.0376 per share. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 8th.

About VictoryShares US 500 Volatility Wtd ETF

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.