Princeton Global Asset Management LLC Has $429,000 Stock Position in VictoryShares Core Intermediate Bond ETF $UITB

Princeton Global Asset Management LLC decreased its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 8.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,118 shares of the company’s stock after selling 808 shares during the quarter. Princeton Global Asset Management LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $429,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UITB. United Services Automobile Association increased its position in shares of VictoryShares Core Intermediate Bond ETF by 12.4% during the 1st quarter. United Services Automobile Association now owns 2,421,191 shares of the company’s stock worth $113,651,000 after purchasing an additional 266,696 shares in the last quarter. Bogart Wealth LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 2.4% during the first quarter. Bogart Wealth LLC now owns 1,801,633 shares of the company’s stock worth $84,569,000 after buying an additional 41,389 shares in the last quarter. LPL Financial LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 25.1% in the first quarter. LPL Financial LLC now owns 1,568,446 shares of the company’s stock valued at $73,623,000 after acquiring an additional 314,984 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 19.4% in the 1st quarter. Raymond James Financial Inc. now owns 935,318 shares of the company’s stock worth $43,904,000 after acquiring an additional 152,158 shares in the last quarter. Finally, Allen Capital Group LLC grew its position in VictoryShares Core Intermediate Bond ETF by 42.2% during the 1st quarter. Allen Capital Group LLC now owns 776,007 shares of the company’s stock worth $36,426,000 after acquiring an additional 230,153 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Trading Down 0.1%

Shares of UITB opened at $47.81 on Monday. The stock has a fifty day moving average price of $47.41 and a two-hundred day moving average price of $46.87. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.37 and a 52-week high of $47.88.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were given a $0.1705 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Thursday, October 9th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

VictoryShares Core Intermediate Bond ETF Profile

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.