VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Hits New 1-Year High – What’s Next?

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) reached a new 52-week high on Thursday . The stock traded as high as $66.39 and last traded at $66.39, with a volume of 5380 shares trading hands. The stock had previously closed at $65.78.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The company’s fifty day moving average is $64.93 and its 200-day moving average is $61.98. The company has a market capitalization of $853.36 million, a PE ratio of -1,338.41 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a dividend of $0.121 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,199.41%.

Hedge Funds Weigh In On 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. grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm 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 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.