Cambridge Investment Research Advisors Inc. Sells 3,028 Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO)

Cambridge Investment Research Advisors Inc. reduced its position in VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) by 13.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 18,755 shares of the company’s stock after selling 3,028 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF were worth $1,285,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter worth approximately $360,000. Farther Finance Advisors LLC acquired a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $64,000. NBC Securities Inc. bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF in the first quarter valued at approximately $26,000. Independent Advisor Alliance bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $449,000. Finally, Wells Fargo & Company MN grew its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 136,215 shares of the company’s stock worth $9,391,000 after acquiring an additional 1,759 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF stock opened at $72.34 on Friday. The firm has a fifty day moving average of $69.50 and a two-hundred day moving average of $69.00. The stock has a market capitalization of $423.16 million, a price-to-earnings ratio of 20.50 and a beta of 0.69. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52 week low of $60.03 and a 52 week high of $74.07.

VictoryShares US 500 Enhanced Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, June 9th were issued a $0.1126 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend was Monday, June 9th. This is an increase from VictoryShares US 500 Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.10.

VictoryShares US 500 Enhanced Volatility Wtd ETF Profile

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns.