Envestnet Asset Management Inc. Grows Position in VictoryShares Core Intermediate Bond ETF $UITB

Envestnet Asset Management Inc. lifted its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 20.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,417 shares of the company’s stock after purchasing an additional 11,926 shares during the quarter. Envestnet Asset Management Inc. owned about 0.13% of VictoryShares Core Intermediate Bond ETF worth $3,299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the third quarter valued at $33,000. Captrust Financial Advisors bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth about $220,000. Global Retirement Partners LLC purchased a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at about $234,000. J.W. Cole Advisors Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at about $237,000. Finally, AQR Capital Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the first quarter worth about $333,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB opened at $47.86 on Wednesday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.60 and a fifty-two week high of $47.97. The firm’s 50-day simple moving average is $47.46 and its two-hundred day simple moving average is $47.49.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were paid a $0.1602 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, February 9th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.03.

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.