VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Stock Cross Above Fifty Day Moving Average – What’s Next?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $63.63 and traded as high as $66.14. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $65.88, with a volume of 19,750 shares trading hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The business’s 50 day moving average is $63.63 and its 200-day moving average is $64.18. The stock has a market cap of $797.15 million, a price-to-earnings ratio of -1,317.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1331 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.01. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,119.42%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock valued at $7,678,000 after purchasing an additional 2,519 shares in the last quarter. Keystone Financial Group purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $2,286,000. JPMorgan Chase & Co. purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $92,000. Noble Wealth Management PBC purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $64,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $451,000.

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.