VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Strong Trading Volume

Posted by Logan Wallace on Jun 23rd, 2024

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 1,209,885 shares were traded during trading, an increase of 792% from the previous session’s volume of 135,604 shares.The stock last traded at $46.24 and had previously closed at $46.33.

VictoryShares Core Intermediate Bond ETF Stock Performance

The stock’s 50 day moving average is $45.78 and its 200-day moving average is $46.13.

VictoryShares Core Intermediate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were paid a dividend of $0.1609 per share. This represents a $1.93 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date was Wednesday, June 12th.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. CWM LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $34,000. MV Capital Management Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the first quarter valued at $39,000. Fifth Third Bancorp bought a new position in VictoryShares Core Intermediate Bond ETF during the 1st quarter worth about $51,000. Aspire Capital Advisors LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $227,000. Finally, Klingenstein Fields & Co. LP bought a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $331,000.

About VictoryShares Core Intermediate Bond ETF

(Get Free Report)

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.