VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Volume Increase – Here’s What Happened

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw unusually-high trading volume on Wednesday . Approximately 87,151 shares were traded during mid-day trading, an increase of 229% from the previous session’s volume of 26,513 shares.The stock last traded at $65.52 and had previously closed at $65.89.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.6 %

The company has a market capitalization of $792.73 million, a price-to-earnings ratio of -1,310.12 and a beta of 0.68. The company has a 50 day moving average price of $63.73 and a 200 day moving average price of $64.28.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CDC. Integrated Wealth Concepts LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock valued at $7,678,000 after buying an additional 2,519 shares in the last quarter. Keystone Financial Group acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $2,286,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $451,000. Ameriflex Group Inc. acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at approximately $399,000. Finally, JPMorgan Chase & Co. acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $92,000.

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.