Keystone Financial Group Invests $2.29 Million in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)

Keystone Financial Group bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,526 shares of the company’s stock, valued at approximately $2,286,000. Keystone Financial Group owned about 0.30% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at $92,000. Noble Wealth Management PBC bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $64,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth about $451,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

Shares of NASDAQ:CDC opened at $60.33 on Friday. The firm has a market capitalization of $705.86 million, a PE ratio of -1,206.43 and a beta of 0.68. The business has a 50 day simple moving average of $64.06 and a two-hundred day simple moving average of $64.37. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $56.22 and a 1 year high of $67.76.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were issued a dividend of $0.221 per share. The ex-dividend date was Thursday, April 10th. This represents a $2.65 dividend on an annualized basis and a yield of 4.40%. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.12. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,139.42%.

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.