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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) hit a new 52-week high during trading on Thursday after the company announced a dividend. The company traded as high as $67.26 and last traded at $67.22, with a volume of 14377 shares. 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 $0.0279 dividend. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is -4,419.38%.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 1.7%

The business has a 50-day simple moving average of $65.99 and a two-hundred day simple moving average of $65.70. The stock has a market capitalization of $712.24 million, a P/E ratio of -1,344.41 and a beta of 0.61.

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

Several institutional investors have recently added to or reduced their stakes in the company. TIAA Trust National Association bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter valued at about $227,000. Russell Investments Group Ltd. acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $703,000. Strategic Blueprint LLC grew its position in shares of 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 buying 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 third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares during the last quarter.

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.