VictoryShares Core Intermediate Bond ETF $UITB Shares Purchased by Allworth Financial LP

Allworth Financial LP raised its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 562,482 shares of the company’s stock after purchasing an additional 16,648 shares during the period. Allworth Financial LP owned about 1.02% of VictoryShares Core Intermediate Bond ETF worth $26,729,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter worth approximately $33,000. PNC Financial Services Group Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the third quarter valued at $40,000. Captrust Financial Advisors acquired a new position in VictoryShares Core Intermediate Bond ETF in the second quarter valued at $220,000. Global Retirement Partners LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the second quarter valued at $234,000. Finally, J.W. Cole Advisors Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the second quarter worth about $237,000.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB opened at $47.08 on Thursday. The stock’s 50-day moving average price is $47.50 and its two-hundred day moving average price is $47.53. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.60 and a 12-month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were issued a dividend of $0.1617 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, March 10th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

VictoryShares Core Intermediate Bond ETF Company Profile

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.