VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Volume Increase

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDCGet Free Report) shares saw strong trading volume on Tuesday . 86,384 shares traded hands during trading, a decline of 19% from the previous session’s volume of 106,477 shares.The stock last traded at $57.79 and had previously closed at $57.57.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The business’s 50 day simple moving average is $56.26 and its 200-day simple moving average is $56.10. The company has a market cap of $993.84 million, a price-to-earnings ratio of -1,165.64 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Tuesday, March 12th were issued a dividend of $0.2634 per share. The ex-dividend date of this dividend was Monday, March 11th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.42%. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.21. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -5,099.29%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. KPP Advisory Services LLC bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 3rd quarter worth $1,608,000. First Horizon Advisors Inc. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 1st quarter worth $358,000. Baird Financial Group Inc. raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 13.4% in the 4th quarter. Baird Financial Group Inc. now owns 33,074 shares of the company’s stock worth $2,053,000 after acquiring an additional 3,918 shares during the period. Integrated Wealth Concepts LLC raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 159,821 shares of the company’s stock worth $9,206,000 after acquiring an additional 3,104 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1,121.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,832 shares of the company’s stock worth $113,000 after acquiring an additional 1,682 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

(Get Free Report)

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.

Further Reading

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