VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Shares Bought by Smith Thornton Advisors LLC

Smith Thornton Advisors LLC grew its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,091 shares of the company’s stock after purchasing an additional 3,739 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up 4.3% of Smith Thornton Advisors LLC’s holdings, making the stock its biggest position. Smith Thornton Advisors LLC owned about 0.27% of VictoryShares Core Intermediate Bond ETF worth $6,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. MBL Wealth LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth approximately $20,609,000. Cetera Investment Advisers purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $15,418,000. Bank of Montreal Can acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth approximately $11,423,000. Financial Services Advisory Inc boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 909.1% during the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock worth $10,171,000 after purchasing an additional 191,182 shares during the period. Finally, Newman Dignan & Sheerar Inc. increased its holdings in VictoryShares Core Intermediate Bond ETF by 221.2% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 262,267 shares of the company’s stock valued at $12,067,000 after purchasing an additional 180,614 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ:UITB opened at $46.58 on Friday. VictoryShares Core Intermediate Bond ETF has a 52 week low of $44.17 and a 52 week high of $48.31. The stock’s fifty day moving average is $47.48 and its two-hundred day moving average is $46.75.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, November 7th will be paid a dividend of $0.1594 per share. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date is Thursday, November 7th. This represents a $1.91 annualized dividend and a yield of 4.11%.

VictoryShares Core Intermediate Bond ETF Company 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.