Victory Capital Management Inc. Has $843.50 Million Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Victory Capital Management Inc. decreased its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,332,879 shares of the company’s stock after selling 1,159,143 shares during the quarter. VictoryShares Core Intermediate Bond ETF comprises about 0.8% of Victory Capital Management Inc.’s portfolio, making the stock its 8th biggest holding. Victory Capital Management Inc. owned about 40.16% of VictoryShares Core Intermediate Bond ETF worth $843,496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Foundations Investment Advisors LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 56.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 13,661 shares of the company’s stock worth $629,000 after purchasing an additional 4,938 shares during the last quarter. Valmark Advisers Inc. acquired a new position in VictoryShares Core Intermediate Bond ETF during the second quarter worth approximately $2,037,000. Commonwealth Equity Services LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 51,907 shares of the company’s stock valued at $2,388,000 after buying an additional 1,691 shares during the period. Morton Brown Family Wealth LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at approximately $30,000. Finally, Pine Valley Investments Ltd Liability Co lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 44.1% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 108,815 shares of the company’s stock valued at $5,007,000 after buying an additional 33,288 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB stock opened at $48.05 on Friday. VictoryShares Core Intermediate Bond ETF has a 1-year low of $43.14 and a 1-year high of $48.09. The business’s 50 day simple moving average is $46.99 and its 200 day simple moving average is $46.30.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were given a dividend of $0.1418 per share. This represents a $1.70 dividend on an annualized basis and a yield of 3.54%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Thursday, August 8th.

About VictoryShares Core Intermediate Bond ETF

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.