VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Growth in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 156,462 shares, a growth of 59.8% from the January 29th total of 97,900 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 195,701 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 195,701 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.1%

VictoryShares Core Plus Intermediate Bond ETF stock opened at $22.25 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.17 and a 52-week high of $22.41. The company’s 50 day moving average is $22.05 and its two-hundred day moving average is $22.04.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cahaba Wealth Management Inc. increased its holdings in VictoryShares Core Plus Intermediate Bond ETF by 31,968.2% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 7,643,465 shares of the company’s stock worth $168,538,000 after purchasing an additional 7,619,630 shares during the period. Merit Financial Group LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth approximately $120,658,000. Victory Capital Management Inc. raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 30.9% in the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after acquiring an additional 4,800,062 shares in the last quarter. Osaic Holdings Inc. raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 557.4% in the fourth quarter. Osaic Holdings Inc. now owns 1,963,869 shares of the company’s stock valued at $43,215,000 after acquiring an additional 1,665,135 shares in the last quarter. Finally, Retirement Planning Group LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.0% in 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.

VictoryShares Core Plus Intermediate Bond ETF Company 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.