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

Posted by Brian Wu on Nov 21st, 2024

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report) 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 traded. The stock had previously closed at $65.78.

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

The firm has a market cap of $849.53 million, a price-to-earnings ratio of -1,315.42 and a beta of 0.68. The stock has a 50 day moving average of $64.86 and a 200 day moving average of $61.95.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business 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 of this dividend was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,199.41%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Cambridge Investment Research Advisors Inc. increased its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Free Report) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,885 shares of the company’s stock after buying an additional 3,138 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 1.31% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,534,000 at the end of the most recent quarter.

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.