VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Shares Pass Above 50-Day Moving Average – Time to Sell?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $63.63 and traded as high as $66.14. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $65.88, with a volume of 19,750 shares traded.

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

The firm has a market capitalization of $797.15 million, a PE ratio of -1,317.42 and a beta of 0.68. The firm’s fifty day moving average price is $63.63 and its 200 day moving average price is $64.16.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a $0.1331 dividend. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, February 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is presently -4,119.42%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 61.3% during the third quarter. Farther Finance Advisors LLC now owns 413 shares of the company’s stock worth $27,000 after acquiring an additional 157 shares during the period. Noble Wealth Management PBC acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $64,000. JPMorgan Chase & Co. acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $92,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at approximately $451,000. Finally, Keystone Financial Group acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $2,286,000.

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.