VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Hits New 1-Year High at $47.94

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.94 and last traded at $47.93, with a volume of 94369 shares changing hands. The stock had previously closed at $47.66.

VictoryShares Core Intermediate Bond ETF Price Performance

The business’s fifty day simple moving average is $46.99 and its two-hundred day simple moving average is $46.30.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were given a dividend of $0.1418 per share. The ex-dividend date was Thursday, August 8th. This represents a $1.70 dividend on an annualized basis and a yield of 3.54%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers grew its stake in VictoryShares Core Intermediate Bond ETF by 20.2% in the 2nd quarter. Cetera Investment Advisers now owns 399,630 shares of the company’s stock valued at $18,387,000 after acquiring an additional 67,211 shares during the period. Truist Financial Corp raised its position in shares of VictoryShares Core Intermediate Bond ETF by 2.8% during the 2nd quarter. Truist Financial Corp now owns 196,787 shares of the company’s stock worth $9,054,000 after purchasing an additional 5,326 shares during the last quarter. Silver Lake Advisory LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth about $1,799,000. Smith Thornton Advisors LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at about $6,043,000. Finally, Daymark Wealth Partners LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 5.7% in the 2nd quarter. Daymark Wealth Partners LLC now owns 36,019 shares of the company’s stock worth $1,657,000 after buying an additional 1,951 shares during the last quarter.

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.