Cahaba Wealth Management Inc. Has $172.98 Million Stock Position in VictoryShares Core Plus Intermediate Bond ETF $UBND

Cahaba Wealth Management Inc. boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,862,752 shares of the company’s stock after acquiring an additional 219,287 shares during the period. VictoryShares Core Plus Intermediate Bond ETF accounts for about 12.0% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Cahaba Wealth Management Inc. owned about 10.97% of VictoryShares Core Plus Intermediate Bond ETF worth $172,981,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Comerica Bank grew its holdings in 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 worth $57,000 after purchasing an additional 799 shares during the period. Assetmark Inc. bought a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the third quarter valued at approximately $61,000. Park Place Capital Corp purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the third quarter valued at approximately $92,000. LexAurum Advisors LLC boosted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 4.4% in the 3rd quarter. LexAurum Advisors LLC now owns 21,437 shares of the company’s stock worth $473,000 after purchasing an additional 906 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 174.2% in the 1st quarter. Jane Street Group LLC now owns 35,739 shares of the company’s stock worth $779,000 after purchasing an additional 22,705 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

VictoryShares Core Plus Intermediate Bond ETF stock opened at $21.67 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a twelve month low of $21.17 and a twelve month high of $22.41. The stock’s 50 day moving average is $22.04 and its 200 day moving average is $22.05.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were issued a $0.0878 dividend. This represents a c) annualized dividend and a yield of 4.9%. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, March 10th.

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.