VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Share Price Cross Above 50 Day Moving Average – What’s Next?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $64.28 and traded as high as $64.66. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $64.40, with a volume of 19,065 shares traded.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The firm has a market capitalization of $812.81 million, a PE ratio of -1,285.82 and a beta of 0.68. The stock’s 50-day moving average price is $64.36 and its 200 day moving average price is $61.19.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were paid a dividend of $0.1512 per share. The ex-dividend date was Tuesday, October 8th. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.85%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is presently -4,399.38%.

Hedge Funds 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. Cambridge Investment Research Advisors Inc. raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund 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 about 1.31% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,534,000 at the end of the most recent reporting period.

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.