Fairvoy Private Wealth LLC Makes New Investment in VictoryShares WestEnd US Sector ETF $MODL

Fairvoy Private Wealth LLC bought a new position in shares of VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 73,089 shares of the company’s stock, valued at approximately $3,266,000. Fairvoy Private Wealth LLC owned approximately 0.39% of VictoryShares WestEnd US Sector ETF as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in shares of VictoryShares WestEnd US Sector ETF during the 4th quarter valued at $38,000. Allworth Financial LP acquired a new position in shares of VictoryShares WestEnd US Sector ETF in the 3rd quarter valued at approximately $78,000. Capital Analysts LLC acquired a new stake in shares of VictoryShares WestEnd US Sector ETF during the 4th quarter worth approximately $126,000. Northwestern Mutual Wealth Management Co. bought a new position in VictoryShares WestEnd US Sector ETF in the third quarter valued at approximately $184,000. Finally, Comerica Bank lifted its stake in VictoryShares WestEnd US Sector ETF by 11.2% during the third quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after purchasing an additional 452 shares during the last quarter. 29.49% of the stock is currently owned by institutional investors.

VictoryShares WestEnd US Sector ETF Stock Performance

VictoryShares WestEnd US Sector ETF stock opened at $49.99 on Friday. VictoryShares WestEnd US Sector ETF has a 52 week low of $42.42 and a 52 week high of $51.28. The stock has a market capitalization of $949.31 million, a P/E ratio of 56.17 and a beta of 0.94. The stock has a fifty day moving average of $49.85 and a 200-day moving average of $47.94.

VictoryShares WestEnd US Sector ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a $0.048 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 9th. This is an increase from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. VictoryShares WestEnd US Sector ETF’s dividend payout ratio is 40.45%.

VictoryShares WestEnd US Sector ETF Profile

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.