Princeton Global Asset Management LLC Acquires Shares of 6,097 VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Princeton Global Asset Management LLC bought a new position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,097 shares of the company’s stock, valued at approximately $292,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 4.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,670 shares of the company’s stock valued at $356,000 after acquiring an additional 320 shares during the period. Morton Brown Family Wealth LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth $30,000. Private Advisor Group LLC lifted its position 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 valued at $2,437,000 after buying an additional 992 shares in the last quarter. Avaii Wealth Management LLC boosted its position in shares of 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 worth $334,000 after purchasing an additional 1,422 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 3.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 51,907 shares of the company’s stock worth $2,388,000 after buying an additional 1,691 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Down 0.4 %

Shares of UITB opened at $46.50 on Monday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $44.17 and a 1 year high of $48.31. The company has a 50 day simple moving average of $47.57 and a two-hundred day simple moving average of $46.74.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a dividend of $0.1233 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.18%. The ex-dividend date was Tuesday, October 8th.

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.