VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Reaches New 12-Month High After Dividend Announcement

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares reached a new 52-week high during trading on Thursday after the company announced a dividend. The company traded as high as $67.26 and last traded at $67.22, with a volume of 14377 shares. The stock had previously closed at $66.10.

The newly announced dividend which will be paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were given a dividend of $0.0279 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,419.38%.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.2%

The firm has a market capitalization of $712.32 million, a PE ratio of -1,343.81 and a beta of 0.61. The firm’s 50 day moving average price is $66.06 and its two-hundred day moving average price is $65.73.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. TIAA Trust National Association purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $227,000. Strategic Blueprint LLC increased its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% in the second quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock worth $3,478,000 after buying an additional 531 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% in the third quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after acquiring an additional 13,513 shares in the last 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.