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

Western Wealth Management LLC bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 12,823 shares of the company’s stock, valued at approximately $845,000. Western Wealth Management LLC owned about 0.12% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 2nd quarter valued at $703,000. Strategic Blueprint LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the 4th quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock valued at $3,941,000 after buying an additional 2,441 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after buying an additional 48,686 shares during the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

NASDAQ CDC opened at $71.48 on Friday. The firm’s fifty day moving average price is $71.68 and its 200 day moving average price is $69.36. The company has a market capitalization of $714.80 million, a price-to-earnings ratio of -1,429.40 and a beta of 0.52. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $61.63 and a 12 month high of $74.07.

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%.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.