VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Unusually-High Trading Volume – Here’s Why

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) shares saw unusually-strong trading volume on Thursday . Approximately 11,743 shares were traded during mid-day trading, a decline of 50% from the previous session’s volume of 23,390 shares.The stock last traded at $63.29 and had previously closed at $63.20.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.8 %

The firm’s 50-day moving average price is $64.39 and its two-hundred day moving average price is $63.36. The firm has a market capitalization of $777.25 million, a PE ratio of -1,273.80 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were paid a dividend of $0.0072 per share. The ex-dividend date was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,059.43%.

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. Farther Finance Advisors LLC grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

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.