VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 51,000 shares, anincreaseof65.0% from the July 15th total of 30,900 shares. Based on an average daily trading volume, of 157,800 shares, the short-interest ratio is currently 0.3 days. Approximately0.1% of the shares of the stock are short sold. Approximately0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,800 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several hedge funds have recently added to or reduced their stakes in UITB. SouthState Corp bought a new position in VictoryShares Core Intermediate Bond ETF during the 1st quarter valued at about $36,226,000. Orion Porfolio Solutions LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 5,030.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock valued at $32,978,000 after buying an additional 686,954 shares during the period. HORAN Wealth LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at about $16,381,000. LPL Financial LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 25.1% in the 1st quarter. LPL Financial LLC now owns 1,568,446 shares of the company’s stock valued at $73,623,000 after buying an additional 314,984 shares during the period. Finally, Bank of America Corp DE boosted its position in VictoryShares Core Intermediate Bond ETF by 54.2% in the 4th quarter. Bank of America Corp DE now owns 833,549 shares of the company’s stock valued at $38,310,000 after buying an additional 293,013 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

VictoryShares Core Intermediate Bond ETF stock opened at $46.92 on Monday. The company’s 50-day moving average price is $46.75 and its 200-day moving average price is $46.60. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.37 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 7th. Investors of record on Wednesday, August 6th were issued a dividend of $0.1404 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Wednesday, August 6th.

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.