VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Shares Pass Above Fifty Day Moving Average – Here’s Why

Posted by Renee Jackson on Oct 31st, 2024

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $64.28 and traded as high as $64.66. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $64.40, with a volume of 19,065 shares trading hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The firm has a 50 day simple moving average of $64.28 and a 200-day simple moving average of $61.15. The stock has a market capitalization of $824.32 million, a price-to-earnings ratio of -1,287.82 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a dividend of $0.1512 per share. This represents a $1.81 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, October 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio 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. lifted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Free Report) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 179,885 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

(Get Free Report)

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.