VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Up 406.3% in February

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 80,000 shares, an increase of 406.3% from the January 31st total of 15,800 shares. Based on an average daily volume of 114,000 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Retirement Planning Group LLC increased its holdings in VictoryShares Core Plus Intermediate Bond ETF by 110.7% in the 4th quarter. Retirement Planning Group LLC now owns 3,717,144 shares of the company’s stock valued at $79,435,000 after purchasing an additional 1,952,627 shares during the last quarter. Annex Advisory Services LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 131.3% during the 4th quarter. Annex Advisory Services LLC now owns 2,930,146 shares of the company’s stock worth $62,617,000 after purchasing an additional 1,663,602 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 5.3% in the fourth quarter. Victory Capital Management Inc. now owns 10,516,523 shares of the company’s stock valued at $224,738,000 after purchasing an additional 528,522 shares during the period. 1900 Wealth Management LLC raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 18.0% during the fourth quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock worth $73,625,000 after purchasing an additional 526,628 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 156.9% during the 4th quarter. Corient Private Wealth LLC now owns 218,800 shares of the company’s stock worth $4,676,000 after purchasing an additional 133,624 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

NASDAQ:UBND opened at $21.81 on Friday. The stock has a 50 day moving average of $21.44 and a two-hundred day moving average of $21.76. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $20.90 and a 12 month high of $22.43.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.0784 per share. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, February 7th.

About VictoryShares Core Plus Intermediate Bond ETF

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.