VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Hits New 1-Year High – What’s Next?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $73.82 and last traded at $73.4290, with a volume of 1160 shares changing hands. The stock had previously closed at $72.88.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The firm’s 50 day moving average price is $68.59 and its 200-day moving average price is $66.85. The stock has a market cap of $761.29 million, a P/E ratio of -1,465.39 and a beta of 0.61.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were issued a $0.1362 dividend. The ex-dividend date of this dividend was Monday, February 9th. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,479.37%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several hedge funds have recently made changes to their positions in CDC. Strategic Blueprint LLC boosted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% in the 2nd quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock worth $3,478,000 after purchasing an additional 531 shares in the last quarter. TIAA Trust National Association purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth $227,000. Russell Investments Group Ltd. acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the second quarter worth $703,000. NewEdge Advisors LLC grew its holdings in shares of 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 buying an additional 48,686 shares during the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $845,000.

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.