VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Reaches New 52-Week High – Still a Buy?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares reached a new 52-week high on Thursday . The company traded as high as $66.39 and last traded at $66.39, with a volume of 5380 shares changing hands. The stock had previously closed at $65.78.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 1.3 %

The business has a 50 day moving average of $64.86 and a two-hundred day moving average of $61.95. The firm has a market cap of $849.53 million, a P/E ratio of -1,315.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were paid a $0.121 dividend. This represents a $1.45 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,199.41%.

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

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC lifted its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 413 shares of the company’s stock after buying an additional 157 shares during the quarter. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 as of its most recent SEC filing.

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.