Charles Schwab Investment Management Inc. Lowers Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Charles Schwab Investment Management Inc. cut its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 0.3% during the 3rd quarter, Holdings Channel reports. The firm owned 6,572,404 shares of the company’s stock after selling 19,375 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.13% of VictoryShares Core Intermediate Bond ETF worth $315,015,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. James J. Burns & Company LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.8% during the 3rd quarter. James J. Burns & Company LLC now owns 70,060 shares of the company’s stock worth $3,358,000 after purchasing an additional 546 shares during the period. Klingenstein Fields & Co. LP boosted its stake in VictoryShares Core Intermediate Bond ETF by 5.7% in the third quarter. Klingenstein Fields & Co. LP now owns 11,179 shares of the company’s stock valued at $536,000 after acquiring an additional 601 shares during the last quarter. Morton Brown Family Wealth LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at approximately $30,000. Private Advisor Group LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.9% during the 2nd quarter. Private Advisor Group LLC now owns 52,967 shares of the company’s stock worth $2,437,000 after purchasing an additional 992 shares during the last quarter. Finally, Avaii Wealth Management LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 25.6% in the 3rd quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock worth $334,000 after purchasing an additional 1,422 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Down 0.1 %

VictoryShares Core Intermediate Bond ETF stock opened at $46.33 on Friday. The business’s 50 day simple moving average is $47.17 and its 200 day simple moving average is $46.83. VictoryShares Core Intermediate Bond ETF has a 12 month low of $44.94 and a 12 month high of $48.31.

VictoryShares Core 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 paid a dividend of $0.1594 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Thursday, November 7th. This represents a $1.91 annualized dividend and a dividend yield of 4.13%.

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.