VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Strong Trading Volume – Time to Buy?

Posted by Renee Jackson on Nov 13th, 2024

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report) shares saw an uptick in trading volume on Wednesday . 219,648 shares changed hands during trading, an increase of 306% from the previous session’s volume of 54,048 shares.The stock last traded at $65.43 and had previously closed at $65.46.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.1 %

The company’s fifty day moving average is $64.58 and its 200 day moving average is $61.66. The firm has a market cap of $835.25 million, a price-to-earnings ratio of -1,307.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a dividend of $0.121 per share. This represents a $1.45 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,199.41%.

Institutional Trading of 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 raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Free Report) by 61.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 413 shares of the company’s stock after acquiring an additional 157 shares during the quarter. 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

(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.