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

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw unusually-strong trading volume on Monday . Approximately 186,791 shares traded hands during trading, an increase of 462% from the previous session’s volume of 33,224 shares.The stock last traded at $58.16 and had previously closed at $60.18.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The stock has a market cap of $706.03 million, a price-to-earnings ratio of -1,186.43 and a beta of 0.68. The business’s 50-day simple moving average is $64.59 and its two-hundred day simple moving average is $64.57.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a dividend of $0.2059 per share. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.13. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -3,999.44%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CDC. Noble Wealth Management PBC bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $64,000. JPMorgan Chase & Co. bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at $92,000. Ameriflex Group Inc. acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth about $399,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth about $451,000. Finally, Keystone Financial Group acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $2,286,000.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.