VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sets New 12-Month High – Here’s What Happened

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) reached a new 52-week high during trading on Friday . The company traded as high as $77.77 and last traded at $77.30, with a volume of 2839 shares trading hands. The stock had previously closed at $76.78.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.4%

The company has a 50 day simple moving average of $73.77 and a 200-day simple moving average of $71.89. The stock has a market cap of $747.87 million, a price-to-earnings ratio of -1,541.78 and a beta of 0.50.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.2023 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 3.1%. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.11. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,659.35%.

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

Large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth $845,000. Strategic Blueprint LLC raised its holdings in shares of 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 purchasing an additional 2,441 shares during the period. NewEdge Advisors LLC raised its holdings in shares of 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 purchasing an additional 48,686 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of 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 purchasing an additional 1,335 shares during the period. Finally, Zions Bancorporation National Association UT bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth about $949,000.

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.