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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) passed 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 changing hands.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.5 %

The company has a fifty day simple moving average of $64.26 and a 200-day simple moving average of $63.56. The firm has a market cap of $784.22 million, a P/E ratio of -1,285.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were paid a dividend of $0.0072 per share. The ex-dividend date of this dividend was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,059.43%.

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

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 413 shares of the company’s stock after purchasing an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent reporting period.

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.