VictoryShares Core Intermediate Bond ETF $UITB Stock Position Increased by Fifth Third Bancorp

Fifth Third Bancorp boosted its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 73.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,085 shares of the company’s stock after purchasing an additional 1,725 shares during the quarter. Fifth Third Bancorp’s holdings in VictoryShares Core Intermediate Bond ETF were worth $192,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Janney Montgomery Scott LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 22.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 34,519 shares of the company’s stock worth $1,620,000 after purchasing an additional 6,295 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the first quarter worth approximately $73,000. Kestra Private Wealth Services LLC grew its position in VictoryShares Core Intermediate Bond ETF by 18.5% during the first quarter. Kestra Private Wealth Services LLC now owns 37,761 shares of the company’s stock valued at $1,773,000 after purchasing an additional 5,893 shares in the last quarter. Raymond James Financial Inc. grew its position in VictoryShares Core Intermediate Bond ETF by 19.4% during the first quarter. Raymond James Financial Inc. now owns 935,318 shares of the company’s stock valued at $43,904,000 after purchasing an additional 152,158 shares in the last quarter. Finally, Pathway Financial Advisors LLC grew its position in VictoryShares Core Intermediate Bond ETF by 12.9% during the first quarter. Pathway Financial Advisors LLC now owns 158,504 shares of the company’s stock valued at $7,440,000 after purchasing an additional 18,151 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB stock opened at $47.52 on Wednesday. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.37 and a 12 month high of $48.17. The firm has a 50 day moving average of $47.22 and a two-hundred day moving average of $46.79.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, September 8th were paid a $0.1616 dividend. The ex-dividend date was Monday, September 8th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.