VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Volume Increase – Here’s What Happened

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) shares saw unusually-strong trading volume on Monday . Approximately 134,647 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 140,369 shares.The stock last traded at $45.97 and had previously closed at $45.83.

VictoryShares Core Intermediate Bond ETF Stock Up 0.4 %

The firm’s 50 day moving average price is $46.54 and its two-hundred day moving average price is $46.95.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were issued a dividend of $0.2843 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UITB. James J. Burns & Company LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the third quarter. James J. Burns & Company LLC now owns 70,060 shares of the company’s stock valued at $3,358,000 after acquiring an additional 546 shares in the last quarter. Klingenstein Fields & Co. LP grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 5.7% during the 3rd quarter. Klingenstein Fields & Co. LP now owns 11,179 shares of the company’s stock worth $536,000 after purchasing an additional 601 shares during the period. Private Advisor Group LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 1.9% during the second quarter. Private Advisor Group LLC now owns 52,967 shares of the company’s stock worth $2,437,000 after buying an additional 992 shares during the period. MML Investors Services LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 4.5% in the third quarter. MML Investors Services LLC now owns 24,451 shares of the company’s stock worth $1,172,000 after acquiring an additional 1,042 shares in the last quarter. Finally, Avaii Wealth Management LLC raised its position in VictoryShares Core Intermediate Bond ETF by 25.6% in the third quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after purchasing an additional 1,422 shares during the period.

About VictoryShares Core Intermediate Bond ETF

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.