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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares saw unusually-high trading volume on Wednesday . Approximately 81,843 shares traded hands during trading, an increase of 193% from the previous session’s volume of 27,960 shares.The stock last traded at $64.70 and had previously closed at $64.61.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company has a market cap of $779.97 million, a P/E ratio of -1,289.02 and a beta of 0.68. The business has a fifty day simple moving average of $64.07 and a 200 day simple moving average of $64.43.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.1331 per share. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, February 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,119.42%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CDC. Integrated Wealth Concepts LLC boosted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock worth $7,678,000 after acquiring an additional 2,519 shares during the period. Keystone Financial Group bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at about $2,286,000. Comprehensive Financial Planning Inc. PA acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth about $451,000. Ameriflex Group Inc. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $399,000. Finally, JPMorgan Chase & Co. acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $92,000.

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.