Western Wealth Management LLC Makes New Investment in VictoryShares US EQ Income Enhanced Volatility Wtd ETF $CDC

Western Wealth Management LLC acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,823 shares of the company’s stock, valued at approximately $845,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CDC. NewEdge Advisors LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after purchasing an additional 48,686 shares during the last quarter. Russell Investments Group Ltd. grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock worth $1,639,000 after purchasing an additional 13,513 shares during the last quarter. Finally, Strategic Blueprint LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after purchasing an additional 2,441 shares during the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $71.48 on Friday. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $61.63 and a 1 year high of $74.07. The company has a market capitalization of $714.80 million, a P/E ratio of -1,429.40 and a beta of 0.52. The company’s fifty day moving average is $71.68 and its two-hundred day moving average is $69.36.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a dividend of $0.1074 per share. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, May 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,579.36%.

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.