VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Reaches New 12-Month High – What’s Next?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $70.03 and last traded at $69.8990, with a volume of 17712 shares traded. The stock had previously closed at $69.48.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Down 0.3%

The company has a market cap of $726.02 million, a P/E ratio of -1,396.00 and a beta of 0.61. The stock’s 50-day moving average price is $67.04 and its 200 day moving average price is $66.20.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were given a dividend of $0.0279 per share. The ex-dividend date of this dividend was Thursday, January 8th. This represents a c) dividend on an annualized basis and a yield of 0.5%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,459.38%.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Strategic Blueprint LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% in the second quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock valued at $3,478,000 after purchasing an additional 531 shares in the last quarter. TIAA Trust National Association acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $227,000. Russell Investments Group Ltd. bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter valued at about $703,000. Finally, NewEdge Advisors LLC raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after purchasing an additional 48,686 shares in the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.