VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sets New 52-Week High After Dividend Announcement

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) hit a new 52-week high on Thursday after the company announced a dividend. The stock traded as high as $67.26 and last traded at $67.22, with a volume of 14377 shares traded. The stock had previously closed at $66.10.

The newly announced dividend which will be paid on Friday, January 9th. Shareholders of record on Thursday, January 8th will be given a dividend of $0.0279 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a c) dividend on an annualized basis and a yield of 0.5%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,419.38%.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company has a 50 day simple moving average of $66.02 and a two-hundred day simple moving average of $65.71. The firm has a market cap of $710.84 million, a PE ratio of -1,341.01 and a beta of 0.61.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. TIAA Trust National Association acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth $227,000. Russell Investments Group Ltd. purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter valued at $703,000. Strategic Blueprint LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% during the 2nd quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock worth $3,478,000 after purchasing an additional 531 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after buying an additional 48,686 shares during the last quarter.

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.