Janney Montgomery Scott LLC Has $1.31 Million Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Janney Montgomery Scott LLC grew its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 299.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,338 shares of the company’s stock after buying an additional 20,498 shares during the period. Janney Montgomery Scott LLC owned approximately 0.06% of VictoryShares Core Intermediate Bond ETF worth $1,310,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UITB. Morton Brown Family Wealth LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth approximately $30,000. Harbour Investments Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7,720.9% during the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock worth $155,000 after buying an additional 3,320 shares during the period. Raymond James Trust N.A. acquired a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at $205,000. Princeton Global Asset Management LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the 3rd quarter worth $292,000. Finally, Wedmont Private Capital acquired a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth $300,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB stock opened at $46.31 on Friday. The company has a 50-day moving average of $47.39 and a two-hundred day moving average of $46.80. VictoryShares Core Intermediate Bond ETF has a 52-week low of $44.58 and a 52-week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were paid a dividend of $0.1594 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.91 annualized dividend and a yield of 4.13%.

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.