VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Down 71.2% in February

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 44,991 shares, a decline of 71.2% from the February 12th total of 156,462 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 185,532 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 185,532 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $33,000. Comerica Bank grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after purchasing an additional 799 shares in the last quarter. Finally, Assetmark Inc. acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the third quarter valued at approximately $61,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

NASDAQ:UBND opened at $21.96 on Wednesday. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $21.17 and a 52 week high of $22.41. The stock’s fifty day moving average is $22.07 and its two-hundred day moving average is $22.06.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th will be issued a $0.0878 dividend. The ex-dividend date is Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.09.

About VictoryShares Core Plus Intermediate Bond ETF

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.