VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Increases Dividend to $0.20 Per Share

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) declared a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, July 9th will be paid a dividend of 0.2023 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, July 9th. This is a 88.4% increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.11.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

Shares of CDC traded down $0.37 on Thursday, reaching $75.12. The company’s stock had a trading volume of 10,945 shares, compared to its average volume of 18,027. The stock has a market capitalization of $724.91 million, a P/E ratio of -1,502.19 and a beta of 0.50. The stock’s 50 day simple moving average is $73.40 and its two-hundred day simple moving average is $71.49. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $63.83 and a 12-month high of $76.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CDC. Russell Investments Group Ltd. bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter valued at $703,000. NewEdge Advisors LLC lifted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares in the last quarter. Strategic Blueprint LLC lifted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock valued at $3,941,000 after purchasing an additional 2,441 shares in the last quarter. Western Wealth Management LLC bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at about $845,000. Finally, Zions Bancorporation National Association UT bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at about $949,000.

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.