VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Unusually-High Trading Volume – What’s Next?

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw unusually-high trading volume on Thursday . Approximately 11,743 shares changed hands during mid-day trading, a decline of 50% from the previous session’s volume of 23,390 shares.The stock last traded at $63.29 and had previously closed at $63.20.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The stock has a market cap of $777.25 million, a price-to-earnings ratio of -1,273.80 and a beta of 0.68. The business has a fifty day moving average of $64.39 and a 200 day moving average of $63.36.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0072 dividend. The ex-dividend date was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is presently -4,059.43%.

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

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 413 shares of the company’s stock after buying an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent reporting period.

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.