VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Plans Monthly Dividend of $0.29

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.2949 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Tuesday, June 9th. This is a 34.7% increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.22.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

NASDAQ:CDL traded up $0.40 during trading hours on Tuesday, reaching $76.27. 6,590 shares of the company were exchanged, compared to its average volume of 9,923. The stock has a 50 day simple moving average of $75.40 and a 200 day simple moving average of $73.28. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 52-week low of $65.34 and a 52-week high of $77.18. The firm has a market cap of $385.16 million, a price-to-earnings ratio of 15.49 and a beta of 0.62.

Institutional Investors Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC increased its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.3% during the 3rd quarter. Western Wealth Management LLC now owns 5,122 shares of the company’s stock worth $356,000 after buying an additional 166 shares during the period. Vicus Capital increased its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% during the 4th quarter. Vicus Capital now owns 8,448 shares of the company’s stock worth $582,000 after buying an additional 376 shares during the period. Integrated Wealth Concepts LLC increased its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock worth $1,645,000 after buying an additional 10,814 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 1st quarter worth $1,232,000. Finally, Ameriprise Financial Inc. increased its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock worth $8,204,000 after buying an additional 18,394 shares during the period.

About VictoryShares US Large Cap High Div Volatility Wtd ETF

The VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of dividend-paying large-cap stocks, weighted by inverse volatility. CDL was launched on Jul 8, 2015 and is managed by VictoryShares.