VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sets New 12-Month High – Time to Buy?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $65.21 and last traded at $65.18, with a volume of 3697 shares changing hands. The stock had previously closed at $64.98.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The firm has a market capitalization of $842.89 million, a P/E ratio of -1,299.42 and a beta of 0.68. The stock’s 50 day moving average is $63.30 and its two-hundred day moving average is $60.59.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were paid a $0.1512 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date was Tuesday, October 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,399.38%.

Institutional Trading of 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. boosted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure 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 period. 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.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.