VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Up 221.3% in November

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 58,800 shares, an increase of 221.3% from the November 15th total of 18,300 shares. Based on an average daily volume of 139,500 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Goldstein Advisors LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 1.0% in the second quarter. Goldstein Advisors LLC now owns 1,397,991 shares of the company’s stock valued at $29,910,000 after purchasing an additional 14,378 shares in the last quarter. Elk River Wealth Management LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 7.0% during the third quarter. Elk River Wealth Management LLC now owns 303,269 shares of the company’s stock valued at $6,747,000 after acquiring an additional 19,749 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% in the third quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after purchasing an additional 31,317 shares during the last quarter. Madison Wealth Partners Inc bought a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the second quarter worth approximately $1,721,000. Finally, Annex Advisory Services LLC grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 99.3% in the third quarter. Annex Advisory Services LLC now owns 1,266,544 shares of the company’s stock worth $28,177,000 after purchasing an additional 631,082 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

NASDAQ UBND traded down $0.03 during trading on Wednesday, hitting $21.84. 151,151 shares of the company’s stock traded hands, compared to its average volume of 75,715. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $20.90 and a 12-month high of $22.43. The business has a 50 day moving average of $21.78 and a 200-day moving average of $21.80.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.0808 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 4.44%. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Thursday, November 7th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.