VictoryShares US EQ Income Enhanced Volatility Wtd ETF $CDC Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 6.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,077 shares of the company’s stock after selling 3,158 shares during the period. NewEdge Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $2,897,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Strategic Blueprint LLC acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the first quarter valued at approximately $3,553,000. GPS Wealth Strategies Group LLC lifted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.3% during the first quarter. GPS Wealth Strategies Group LLC now owns 12,035 shares of the company’s stock valued at $791,000 after purchasing an additional 606 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at approximately $399,000. Finally, NBC Securities Inc. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 1st quarter valued at approximately $26,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

Shares of NASDAQ:CDC opened at $65.66 on Thursday. The company has a market cap of $745.24 million, a PE ratio of -1,313.02 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52 week low of $57.37 and a 52 week high of $67.76. The firm has a 50 day simple moving average of $65.41 and a 200 day simple moving average of $63.88.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, September 8th were given a $0.2469 dividend. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, September 8th. This represents a c) annualized dividend and a dividend yield of 4.5%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,759.33%.

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.