Mather Group LLC. Makes New $3.57 Million Investment in VictoryShares US 500 Enhanced Volatility Wtd ETF $CFO

Mather Group LLC. bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 46,027 shares of the company’s stock, valued at approximately $3,570,000. Mather Group LLC. owned 0.91% of VictoryShares US 500 Enhanced Volatility Wtd ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Horizons Wealth Management bought a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the 3rd quarter worth about $70,000. First Heartland Consultants Inc. bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $204,000. Fifth Third Bancorp bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter valued at about $569,000. Patriot Financial Group Insurance Agency LLC raised its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock worth $3,468,000 after purchasing an additional 23,337 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock worth $8,190,000 after purchasing an additional 554 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

VictoryShares US 500 Enhanced Volatility Wtd ETF stock opened at $80.32 on Friday. The firm has a market capitalization of $405.62 million, a P/E ratio of 20.50 and a beta of 0.62. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1-year low of $70.78 and a 1-year high of $83.51. The company’s 50-day moving average is $80.54 and its 200 day moving average is $79.18.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a dividend of $0.0843 per share. This is a negative change from VictoryShares US 500 Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.1285. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, October 8th.

VictoryShares US 500 Enhanced Volatility Wtd ETF Profile

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.