VictoryShares Core Plus Intermediate Bond ETF $UBND Shares Purchased by 1900 Wealth Management LLC

1900 Wealth Management LLC boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,288,773 shares of the company’s stock after purchasing an additional 112,555 shares during the quarter. VictoryShares Core Plus Intermediate Bond ETF makes up 6.1% of 1900 Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. 1900 Wealth Management LLC owned approximately 5.79% of VictoryShares Core Plus Intermediate Bond ETF worth $94,353,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.4% during the 3rd quarter. Victory Capital Management Inc. now owns 15,558,846 shares of the company’s stock valued at $343,073,000 after buying an additional 362,323 shares during the period. Cahaba Wealth Management Inc. grew its position in VictoryShares Core Plus Intermediate Bond ETF by 2.9% during the fourth quarter. Cahaba Wealth Management Inc. now owns 7,862,752 shares of the company’s stock valued at $172,981,000 after acquiring an additional 219,287 shares during the period. Retirement Planning Group LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.0% during the third quarter. Retirement Planning Group LLC now owns 5,970,753 shares of the company’s stock worth $131,655,000 after acquiring an additional 687,568 shares during the last quarter. Merit Financial Group LLC acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth about $120,658,000. Finally, Goldstein Advisors LLC raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 4.7% in the 3rd quarter. Goldstein Advisors LLC now owns 1,503,262 shares of the company’s stock worth $33,147,000 after purchasing an additional 67,346 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of UBND stock opened at $21.84 on Friday. The company’s fifty day simple moving average is $21.98 and its 200-day simple moving average is $22.03. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $21.17 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.0878 per share. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Tuesday, March 10th.

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.