VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Unusually-High Trading Volume – Here’s Why

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw an uptick in trading volume on Wednesday . 87,151 shares changed hands during mid-day trading, an increase of 229% from the previous session’s volume of 26,513 shares.The stock last traded at $65.52 and had previously closed at $65.89.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.6 %

The company has a market cap of $792.73 million, a P/E ratio of -1,310.12 and a beta of 0.68. The business’s fifty day moving average is $63.73 and its 200 day moving average is $64.28.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a dividend of $0.1331 per share. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.01. The ex-dividend date was Friday, February 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,119.42%.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 61.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 413 shares of the company’s stock worth $27,000 after buying an additional 157 shares in the last quarter. Noble Wealth Management PBC purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth $64,000. JPMorgan Chase & Co. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $92,000. Ameriflex Group Inc. bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at about $399,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $451,000.

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.