VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Unusually-High Trading Volume – Should You Buy?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw unusually-high trading volume on Wednesday . Approximately 81,843 shares were traded during trading, an increase of 193% from the previous session’s volume of 27,960 shares.The stock last traded at $64.70 and had previously closed at $64.61.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Down 0.2 %

The company has a 50 day simple moving average of $64.07 and a 200 day simple moving average of $64.43. The company has a market capitalization of $779.97 million, a price-to-earnings ratio of -1,289.02 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.1331 per share. The ex-dividend date was Friday, February 7th. This is an increase 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 is -4,119.42%.

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

Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 61.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 413 shares of the company’s stock worth $27,000 after purchasing an additional 157 shares during the period. Noble Wealth Management PBC purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $64,000. JPMorgan Chase & Co. acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $92,000. Integrated Wealth Concepts LLC boosted 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 worth $7,678,000 after acquiring an additional 2,519 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth approximately $399,000.

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.