VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Increases Dividend to $0.27 Per Share

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) declared a monthly dividend on Tuesday, September 8th. Shareholders of record on Wednesday, September 9th will be paid a dividend of 0.269 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 106.4% increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.13.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $76.33 on Wednesday. The stock has a market capitalization of $740.40 million, a price-to-earnings ratio of -1,526.39 and a beta of 0.50. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $64.30 and a 52-week high of $78.48. The stock’s 50 day moving average price is $76.58 and its two-hundred day moving average price is $73.90.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of large investors have recently bought and sold shares of CDC. Russell Investments Group Ltd. boosted its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% during the 4th quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock worth $1,706,000 after purchasing an additional 1,335 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $949,000. Western Wealth Management LLC acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $845,000. Finally, NewEdge Advisors LLC boosted its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after acquiring an additional 48,686 shares in the last quarter.

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.