Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Grows By 340.8%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 97,900 shares, a growth of 340.8% from the January 15th total of 22,212 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 558,571 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 558,571 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several large investors have recently bought and sold shares of UBND. Cahaba Wealth Management Inc. raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 31,968.2% during the third quarter. Cahaba Wealth Management Inc. now owns 7,643,465 shares of the company’s stock worth $168,538,000 after acquiring an additional 7,619,630 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 3rd quarter valued at approximately $120,658,000. Retirement Planning Group LLC grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.0% during the 3rd quarter. Retirement Planning Group LLC now owns 5,970,753 shares of the company’s stock valued at $131,655,000 after purchasing an additional 687,568 shares during the last quarter. Corient Private Wealth LLC increased its position in VictoryShares Core Plus Intermediate Bond ETF by 168.1% during the 2nd quarter. Corient Private Wealth LLC now owns 836,066 shares of the company’s stock worth $18,268,000 after purchasing an additional 524,257 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 3.0% in the 4th quarter. Annex Advisory Services LLC now owns 16,978,957 shares of the company’s stock valued at $373,537,000 after purchasing an additional 491,114 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of UBND opened at $22.07 on Wednesday. VictoryShares Core Plus Intermediate Bond ETF has a one year low of $21.17 and a one year high of $22.41. The firm has a 50 day simple moving average of $22.01 and a two-hundred day simple moving average of $22.01.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were issued a dividend of $0.0862 per share. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.