VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Share Price Cross Below Fifty Day Moving Average – Here’s What Happened

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $76.37 and traded as low as $73.35. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $73.43, with a volume of 20,545 shares.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.7%

The company has a market capitalization of $697.21 million, a price-to-earnings ratio of -1,444.80 and a beta of 0.50. The stock’s fifty day simple moving average is $76.23 and its 200-day simple moving average is $74.00.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a $0.2690 dividend. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.1303. This represents a $3.23 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Wednesday, September 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,739.34%.

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.