VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Hits New 52-Week High at $48.31

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) shares reached a new 52-week high on Tuesday . The company traded as high as $48.31 and last traded at $48.24, with a volume of 6364 shares changing hands. The stock had previously closed at $48.29.

VictoryShares Core Intermediate Bond ETF Trading Down 0.4 %

The firm’s fifty day moving average is $47.36 and its 200-day moving average is $46.44.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were issued a dividend of $0.164 per share. The ex-dividend date was Wednesday, September 11th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. This represents a $1.97 annualized dividend and a dividend yield of 4.10%.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several hedge funds have recently modified their holdings of UITB. Thoroughbred Financial Services LLC raised its position in VictoryShares Core Intermediate Bond ETF by 32.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 11,906 shares of the company’s stock valued at $558,000 after purchasing an additional 2,924 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $508,000. Cambridge Investment Research Advisors Inc. grew its holdings in VictoryShares Core Intermediate Bond ETF by 31.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 114,030 shares of the company’s stock worth $5,349,000 after acquiring an additional 26,997 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at approximately $81,633,000. Finally, United Services Automobile Association increased its position in VictoryShares Core Intermediate Bond ETF by 2.3% in the 4th quarter. United Services Automobile Association now owns 2,196,668 shares of the company’s stock valued at $103,046,000 after acquiring an additional 48,925 shares during the period.

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.