VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Update

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 9,600 shares, a drop of 44.5% from the February 13th total of 17,300 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 11.5% in the fourth quarter. Ameriprise Financial Inc. now owns 148,240 shares of the company’s stock valued at $9,684,000 after acquiring an additional 15,234 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth approximately $3,065,000. Jones Financial Companies Lllp raised its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 104.5% during the fourth quarter. Jones Financial Companies Lllp now owns 31,568 shares of the company’s stock worth $2,062,000 after buying an additional 16,134 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 10,089 shares of the company’s stock worth $659,000 after purchasing an additional 349 shares during the last quarter. Finally, Keystone Financial Group acquired a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth about $532,000.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

Shares of CDL stock traded up $1.17 during trading hours on Friday, hitting $66.95. The company had a trading volume of 6,887 shares, compared to its average volume of 11,990. The firm has a market capitalization of $348.15 million, a price-to-earnings ratio of 17.69 and a beta of 0.89. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12 month low of $58.64 and a 12 month high of $70.76. The firm’s fifty day moving average is $67.11 and its 200 day moving average is $67.30.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a $0.2159 dividend. The ex-dividend date was Monday, March 10th. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous dividend of $0.14.

About VictoryShares US Large Cap High Div Volatility Wtd ETF

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.