VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Hits New 1-Year Low at $57.70

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Rating) reached a new 52-week low during trading on Thursday . The company traded as low as $57.70 and last traded at $58.26, with a volume of 19829 shares. The stock had previously closed at $58.55.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The firm has a market cap of $1.88 billion, a PE ratio of -1,162.64 and a beta of 0.69. The stock’s 50 day simple moving average is $63.28 and its 200 day simple moving average is $63.14.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 14th. Shareholders of record on Monday, March 13th were paid a $0.194 dividend. This represents a $2.33 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date was Friday, March 10th. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.06. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,619.35%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Baird Financial Group Inc. grew its stake 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 buying an additional 3,918 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.7% in the 4th quarter. Integrated Wealth Concepts LLC now owns 159,499 shares of the company’s stock worth $9,900,000 after buying an additional 4,203 shares in the last quarter. JPMorgan Chase & Co. grew its stake 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 buying an additional 1,682 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 3.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 40,721 shares of the company’s stock valued at $2,528,000 after purchasing an additional 1,220 shares in the last quarter. Finally, Vantage Financial Partners LLC boosted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 18.5% in the 4th quarter. Vantage Financial Partners LLC now owns 143,686 shares of the company’s stock valued at $8,919,000 after purchasing an additional 22,447 shares in the last quarter.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

(Get Rating)

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.