VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sets New 1-Year Low – Here’s What Happened

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as $44.67 and last traded at $44.71, with a volume of 21665 shares. The stock had previously closed at $44.76.

VictoryShares Core Intermediate Bond ETF Stock Down 0.3%

The business has a 50 day moving average price of $45.90 and a two-hundred day moving average price of $46.49.

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VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a $0.1657 dividend. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1612. The ex-dividend date was Wednesday, September 9th. This represents a $1.99 dividend on an annualized basis and a yield of 4.5%.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock valued at $703,241,000 after buying an additional 123,363 shares during the period. Bogart Wealth LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 3.6% in the 1st quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock valued at $96,890,000 after acquiring an additional 70,918 shares during the period. Bank of America Corp DE boosted its position in VictoryShares Core Intermediate Bond ETF by 6.2% during the first quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock worth $65,672,000 after purchasing an additional 82,026 shares during the period. Calamos Advisors LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% in the first quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after purchasing an additional 1,279,392 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock valued at $60,333,000 after buying an additional 92,074 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Company Profile

(Get Free Report)

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.

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