EverSource Wealth Advisors LLC Sells 8,680 Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)

EverSource Wealth Advisors LLC trimmed its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 44.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,785 shares of the company’s stock after selling 8,680 shares during the period. EverSource Wealth Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $610,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. KPP Advisory Services LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the third quarter valued at about $1,608,000. Prime Capital Investment Advisors LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 32,701 shares of the company’s stock valued at $1,827,000 after purchasing an additional 1,582 shares in the last quarter. Finally, NBC Securities Inc. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the third quarter worth $26,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.8 %

NASDAQ:CDC traded down $0.46 during mid-day trading on Thursday, hitting $59.45. The company’s stock had a trading volume of 8,152 shares, compared to its average volume of 80,591. The company has a market capitalization of $876.89 million, a price-to-earnings ratio of -1,198.03 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a fifty-two week low of $54.50 and a fifty-two week high of $60.52. The stock has a fifty day moving average of $58.60 and a 200-day moving average of $57.03.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 13th. Shareholders of record on Friday, May 10th were given a $0.0739 dividend. The ex-dividend date was Thursday, May 9th. This represents a $0.89 annualized dividend and a yield of 1.49%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,799.33%.

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.