Redhawk Wealth Advisors Inc. Sells 13,606 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Redhawk Wealth Advisors Inc. reduced its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 41.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 19,481 shares of the company’s stock after selling 13,606 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $895,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Princeton Global Asset Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at approximately $292,000. Raymond James Trust N.A. lifted its stake in VictoryShares Core Intermediate Bond ETF by 53.8% during the 3rd quarter. Raymond James Trust N.A. now owns 6,855 shares of the company’s stock valued at $329,000 after acquiring an additional 2,398 shares in the last quarter. Avaii Wealth Management LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 25.6% during the 3rd quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock worth $334,000 after acquiring an additional 1,422 shares during the last quarter. Chris Bulman Inc bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter worth $443,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the third quarter valued at about $520,000.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB opened at $45.68 on Thursday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.00 and a fifty-two week high of $48.31. The company’s 50-day moving average is $46.29 and its 200 day moving average is $46.90.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a $0.0299 dividend. The ex-dividend date was Wednesday, January 8th.

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.