Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Drops By 45.7%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 18,300 shares, a decrease of 45.7% from the October 31st total of 33,700 shares. Based on an average daily volume of 138,300 shares, the short-interest ratio is presently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.4 %

Shares of VictoryShares Core Plus Intermediate Bond ETF stock traded up $0.08 during trading on Friday, hitting $21.85. 5,803 shares of the company were exchanged, compared to its average volume of 74,161. VictoryShares Core Plus Intermediate Bond ETF has a fifty-two week low of $20.90 and a fifty-two week high of $22.43. The firm has a 50 day moving average price of $21.84 and a 200 day moving average price of $21.76.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a $0.0808 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.97 annualized dividend and a dividend yield of 4.44%. The ex-dividend date was Thursday, November 7th.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Madison Wealth Partners Inc purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the 2nd quarter valued at about $1,721,000. OneDigital Investment Advisors LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% during the third quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock valued at $1,932,000 after buying an additional 31,317 shares during the period. Elk River Wealth Management LLC boosted its position in VictoryShares Core Plus Intermediate Bond ETF by 9.8% during the second quarter. Elk River Wealth Management LLC now owns 283,520 shares of the company’s stock worth $6,066,000 after acquiring an additional 25,254 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 2nd quarter worth approximately $13,596,000. Finally, Goldstein Advisors LLC grew its stake in VictoryShares Core Plus Intermediate Bond ETF by 1.0% in the 2nd quarter. Goldstein Advisors LLC now owns 1,397,991 shares of the company’s stock worth $29,910,000 after acquiring an additional 14,378 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.