VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Stock Price Cross Below 50 Day Moving Average – Here’s What Happened

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $64.26 and traded as low as $64.05. VictoryShares US EQ Income Enhanced Volatility Wtd ETF shares last traded at $64.28, with a volume of 37,570 shares trading hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

The company has a market cap of $786.29 million, a PE ratio of -1,288.82 and a beta of 0.68. The company’s 50 day moving average price is $64.22 and its 200-day moving average price is $63.61.

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 given a $0.0072 dividend. The ex-dividend date was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,059.43%.

Institutional Investors 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 lifted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 413 shares of the company’s stock after purchasing an additional 157 shares during the quarter. 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.