VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Volume Increase

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw unusually-high trading volume on Wednesday . Approximately 184,660 shares changed hands during trading, an increase of 37% from the previous session’s volume of 134,835 shares.The stock last traded at $48.15 and had previously closed at $48.28.

VictoryShares Core Intermediate Bond ETF Stock Down 0.4 %

The firm’s 50 day moving average is $47.13 and its 200-day moving average is $46.35.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 8th were issued a dividend of $0.1418 per share. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Thursday, August 8th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.54%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several large investors have recently modified their holdings of UITB. Janney Montgomery Scott LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 4.4% during the first quarter. Janney Montgomery Scott LLC now owns 7,670 shares of the company’s stock valued at $356,000 after acquiring an additional 320 shares during the period. Morton Brown Family Wealth LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the 2nd quarter valued at approximately $30,000. MV Capital Management Inc. acquired a new stake in VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $39,000. Private Advisor Group LLC increased its position in VictoryShares Core Intermediate Bond ETF by 1.9% in the 2nd quarter. Private Advisor Group LLC now owns 52,967 shares of the company’s stock worth $2,437,000 after buying an additional 992 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 51,907 shares of the company’s stock worth $2,388,000 after buying an additional 1,691 shares during the last quarter.

About VictoryShares Core Intermediate Bond ETF

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.