VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Sees Large Decrease in Short Interest

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 753 shares, a decline of 68.6% from the May 31st total of 2,399 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 6,357 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. increased its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock worth $8,204,000 after purchasing an additional 18,394 shares in the last quarter. Integrated Wealth Concepts LLC boosted 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 purchasing an additional 10,814 shares during the last quarter. NewEdge Advisors LLC boosted its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the 3rd quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock worth $3,051,000 after purchasing an additional 43,331 shares during the last quarter. Vicus Capital grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% during the fourth quarter. Vicus Capital now owns 8,448 shares of the company’s stock worth $582,000 after buying an additional 376 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC purchased a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter worth $1,232,000.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

VictoryShares US Large Cap High Div Volatility Wtd ETF stock traded down $0.34 during midday trading on Tuesday, reaching $77.99. The company had a trading volume of 1,250 shares, compared to its average volume of 9,454. The company has a market capitalization of $393.85 million, a P/E ratio of 15.49 and a beta of 0.62. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12-month low of $66.50 and a 12-month high of $78.62. The firm’s fifty day simple moving average is $76.11 and its 200-day simple moving average is $74.13.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.2949 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.