VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Hits New 12-Month High – Should You Buy?

Posted by Suzanne Cooper on Nov 13th, 2024

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $66.14 and last traded at $66.14, with a volume of 7367 shares trading hands. The stock had previously closed at $65.60.

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

The stock has a market capitalization of $834.62 million, a price-to-earnings ratio of -1,309.02 and a beta of 0.68. The stock’s 50-day simple moving average is $64.58 and its 200 day simple moving average is $61.66.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -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 holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Free Report) by 61.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 413 shares of the company’s stock after purchasing an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent reporting period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

(Get Free Report)

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.