VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Trading Up 0.5% – Here’s Why

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL)’s stock price were up 0.5% on Friday . The stock traded as high as $70.05 and last traded at $70.0650. Approximately 3,171 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 9,635 shares. The stock had previously closed at $69.72.

VictoryShares US Large Cap High Div Volatility Wtd ETF Trading Up 0.5%

The stock has a market cap of $364.34 million, a PE ratio of 15.49 and a beta of 0.74. The firm has a fifty day simple moving average of $68.84 and a two-hundred day simple moving average of $67.86.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 10th. Stockholders of record on Friday, November 7th were given a dividend of $0.1104 per share. The ex-dividend date was Friday, November 7th. This represents a c) annualized dividend and a dividend yield of 1.9%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Summit Financial LLC bought a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF in the first quarter valued at $7,489,000. NewEdge Advisors LLC boosted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% in the 3rd quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock worth $3,051,000 after purchasing an additional 43,331 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock valued at $8,204,000 after purchasing an additional 18,394 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock valued at $1,645,000 after purchasing an additional 10,814 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock valued at $5,057,000 after buying an additional 6,977 shares in the last quarter.

VictoryShares US Large Cap High Div Volatility Wtd ETF Company Profile

The VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of dividend-paying large-cap stocks, weighted by inverse volatility. CDL was launched on Jul 8, 2015 and is managed by VictoryShares.