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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) reached a new 52-week high on Tuesday . The stock traded as high as $73.82 and last traded at $73.4290, with a volume of 1160 shares trading hands. The stock had previously closed at $72.88.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The company has a market cap of $759.72 million, a P/E ratio of -1,460.08 and a beta of 0.61. The firm’s 50-day moving average is $68.31 and its two-hundred day moving average is $66.74.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a dividend of $0.1362 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) annualized dividend and a dividend yield of 2.2%. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.03. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is presently -4,479.37%.

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

Institutional investors have recently made changes to their positions in the company. TIAA Trust National Association bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $227,000. Russell Investments Group Ltd. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth approximately $703,000. Western Wealth Management LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $845,000. Zions Bancorporation National Association UT purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at $949,000. Finally, Strategic Blueprint LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% in the 2nd quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock valued at $3,478,000 after acquiring an additional 531 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.