VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Share Price Pass Below Fifty Day Moving Average – Here’s Why

Posted by Tech Dows on Jan 3rd, 2025

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $64.83 and traded as low as $62.30. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $62.58, with a volume of 17,049 shares changing hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company has a market capitalization of $800.57 million, a price-to-earnings ratio of -1,255.62 and a beta of 0.68. The firm has a fifty day moving average price of $64.77 and a 200-day moving average price of $63.08.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were given a dividend of $0.4142 per share. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.21. The ex-dividend date was Thursday, December 12th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,139.42%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Free Report) by 61.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 413 shares of the company’s stock after acquiring 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 quarter.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

(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.