VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sets New 52-Week High – Time to Buy?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $69.27 and last traded at $69.04, with a volume of 15566 shares. The stock had previously closed at $68.79.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The company has a market capitalization of $723.04 million, a P/E ratio of -1,383.61 and a beta of 0.61. The firm has a fifty day moving average price of $66.87 and a 200-day moving average price of $66.11.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

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

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

Hedge funds have recently made changes to their positions in the business. TIAA Trust National Association bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the second quarter valued at about $227,000. Russell Investments Group Ltd. purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter valued at about $703,000. Strategic Blueprint LLC boosted its stake in 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 acquiring an additional 531 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after acquiring an additional 48,686 shares during the period.

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.