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) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $67.70 and last traded at $67.69, with a volume of 1156 shares trading hands. The stock had previously closed at $67.37.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company’s fifty day simple moving average is $65.14 and its two-hundred day simple moving average is $62.19. The stock has a market capitalization of $863.43 million, a PE ratio of -1,347.21 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued 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 yield of 2.14%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,199.41%.

Hedge Funds 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. raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,885 shares of the company’s stock after acquiring an additional 3,138 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 1.31% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,534,000 as of its most recent filing with the Securities and Exchange Commission.

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.