VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw unusually-high trading volume on Tuesday . Approximately 79,317 shares were traded during trading, an increase of 224% from the previous session’s volume of 24,446 shares.The stock last traded at $65.77 and had previously closed at $65.42.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The stock has a market cap of $727.02 million, a price-to-earnings ratio of -1,315.84 and a beta of 0.61. The business has a 50-day simple moving average of $65.92 and a two-hundred day simple moving average of $64.83.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Friday, November 7th were given a dividend of $0.1055 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a c) annualized dividend and a yield of 1.9%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,359.39%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock worth $1,639,000 after purchasing an additional 13,513 shares in the last quarter. Strategic Blueprint LLC grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% in the third quarter. Strategic Blueprint LLC now owns 57,365 shares of the company’s stock valued at $3,829,000 after buying an additional 2,768 shares in the last quarter. Finally, TIAA Trust National Association acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the second quarter worth $227,000.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.