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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $73.85 and last traded at $73.7310, with a volume of 8101 shares. The stock had previously closed at $73.43.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The stock has a market capitalization of $767.58 million, a PE ratio of -1,475.99 and a beta of 0.61. The business’s 50-day moving average is $69.42 and its two-hundred day moving average is $67.18.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were paid a dividend of $0.1362 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,479.37%.

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

A number of large investors have recently modified their holdings of CDC. Russell Investments Group Ltd. grew its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% during the fourth quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock worth $1,706,000 after acquiring an additional 1,335 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at about $949,000. Western Wealth Management LLC purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $845,000. Strategic Blueprint LLC boosted its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after buying an additional 2,441 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares during the period.

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.