VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Reaches New 1-Year High – Here’s What Happened

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $67.70 and last traded at $67.69, with a volume of 1156 shares. The stock had previously closed at $67.37.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.5 %

The company has a market capitalization of $863.43 million, a price-to-earnings ratio of -1,347.21 and a beta of 0.68. The company’s 50 day simple moving average is $65.14 and its 200-day simple moving average is $62.19.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.121 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.45 annualized dividend and a dividend yield of 2.14%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,199.41%.

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

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Cambridge Investment Research Advisors Inc. grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,885 shares of the company’s stock after purchasing an additional 3,138 shares during the period. Cambridge Investment Research Advisors Inc. owned 1.31% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,534,000 at the end of the most recent 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.