VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Volume Increase – What’s Next?

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw an uptick in trading volume on Thursday . 112,541 shares traded hands during mid-day trading, an increase of 408% from the previous session’s volume of 22,169 shares.The stock last traded at $68.5890 and had previously closed at $68.33.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The firm has a market capitalization of $723.30 million, a P/E ratio of -1,370.99 and a beta of 0.61. The firm has a 50 day moving average price of $66.24 and a two-hundred day moving average price of $65.84.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were given a $0.0279 dividend. The ex-dividend date was Thursday, January 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,459.38%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after acquiring an additional 48,686 shares in the last quarter. Russell Investments Group Ltd. grew its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after acquiring an additional 13,513 shares in the last quarter. Strategic Blueprint LLC increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% in the 3rd quarter. Strategic Blueprint LLC now owns 57,365 shares of the company’s stock valued at $3,829,000 after purchasing an additional 2,768 shares during the period. Finally, TIAA Trust National Association purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth approximately $227,000.

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.