Cahaba Wealth Management Inc. Acquires 7,619,630 Shares of VictoryShares Core Plus Intermediate Bond ETF $UBND

Cahaba Wealth Management Inc. lifted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 31,968.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,643,465 shares of the company’s stock after buying an additional 7,619,630 shares during the period. VictoryShares Core Plus Intermediate Bond ETF comprises 12.2% of Cahaba Wealth Management Inc.’s holdings, making the stock its 2nd largest position. Cahaba Wealth Management Inc. owned approximately 12.10% of VictoryShares Core Plus Intermediate Bond ETF worth $168,538,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. U.S. Capital Wealth Advisors LLC acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 3rd quarter worth approximately $1,695,000. Corient Private Wealth LLC raised its position in VictoryShares Core Plus Intermediate Bond ETF by 34.1% during the second quarter. Corient Private Wealth LLC now owns 418,034 shares of the company’s stock worth $9,134,000 after acquiring an additional 106,225 shares in the last quarter. Osaic Holdings Inc. raised its position in VictoryShares Core Plus Intermediate Bond ETF by 5.3% during the second quarter. Osaic Holdings Inc. now owns 301,123 shares of the company’s stock worth $6,580,000 after acquiring an additional 15,026 shares in the last quarter. Integrated Investment Consultants LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 2.7% in the second quarter. Integrated Investment Consultants LLC now owns 36,565 shares of the company’s stock valued at $799,000 after acquiring an additional 963 shares during the last quarter. Finally, Correct Capital Wealth Management grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 0.9% in the 2nd quarter. Correct Capital Wealth Management now owns 779,672 shares of the company’s stock valued at $17,036,000 after acquiring an additional 7,261 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of NASDAQ UBND opened at $21.99 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $21.11 and a 12 month high of $22.41. The stock has a 50 day moving average of $22.06 and a 200-day moving average of $21.93.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.1634 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

VictoryShares Core Plus Intermediate Bond ETF Profile

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.