Janney Montgomery Scott LLC Lowers Stake in VictoryShares Core Intermediate Bond ETF $UITB

Janney Montgomery Scott LLC cut its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,694 shares of the company’s stock after selling 825 shares during the period. Janney Montgomery Scott LLC owned 0.07% of VictoryShares Core Intermediate Bond ETF worth $1,586,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Services Automobile Association raised its stake in VictoryShares Core Intermediate Bond ETF by 12.4% during the first quarter. United Services Automobile Association now owns 2,421,191 shares of the company’s stock worth $113,651,000 after purchasing an additional 266,696 shares during the period. Bogart Wealth LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 2.4% during the 1st quarter. Bogart Wealth LLC now owns 1,801,633 shares of the company’s stock worth $84,569,000 after purchasing an additional 41,389 shares during the period. LPL Financial LLC lifted its holdings 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 purchasing an additional 314,984 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 19.4% during the 1st quarter. Raymond James Financial Inc. now owns 935,318 shares of the company’s stock worth $43,904,000 after acquiring an additional 152,158 shares during the period. Finally, Allen Capital Group LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 42.2% during the first quarter. Allen Capital Group LLC now owns 776,007 shares of the company’s stock valued at $36,426,000 after purchasing an additional 230,153 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Up 0.4%

UITB stock opened at $47.57 on Friday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $47.87. The company has a 50-day simple moving average of $47.34 and a 200 day simple moving average of $46.84.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 9th were issued a dividend of $0.1705 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date was Thursday, October 9th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.