VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Hits New 12-Month High – What’s Next?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s share price reached a new 52-week high during trading on Monday. The stock traded as high as $78.48 and last traded at $78.46, with a volume of 8,766 shares traded. The stock had previously closed at $77.84.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

The company has a fifty day simple moving average of $74.91 and a two-hundred day simple moving average of $73.53. The company has a market capitalization of $749.48 million, a P/E ratio of -1,569.38 and a beta of 0.50.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were paid a $0.2024 dividend. This represents a $2.43 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, October 8th. This is a negative change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.2690. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,739.34%.

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.