VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Up 404.7% in September

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 64,100 shares, a growth of 404.7% from the August 31st total of 12,700 shares. Based on an average trading volume of 55,700 shares, the days-to-cover ratio is currently 1.2 days.

VictoryShares Core Plus Intermediate Bond ETF Stock Up 0.2 %

Shares of NASDAQ:UBND traded up $0.05 during trading on Friday, reaching $22.30. 45,335 shares of the stock were exchanged, compared to its average volume of 59,905. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $20.18 and a 12-month high of $22.43. The firm’s 50-day moving average price is $22.07 and its 200 day moving average price is $21.60.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were given a $0.0932 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $1.12 annualized dividend and a dividend yield of 5.01%. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in UBND. LexAurum Advisors LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 8.9% during the first quarter. LexAurum Advisors LLC now owns 17,457 shares of the company’s stock worth $376,000 after purchasing an additional 1,427 shares in the last quarter. Goldstein Advisors LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 1.0% during the 2nd quarter. Goldstein Advisors LLC now owns 1,397,991 shares of the company’s stock worth $29,910,000 after buying an additional 14,378 shares during the period. Elk River Wealth Management LLC lifted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 9.8% in the 2nd quarter. Elk River Wealth Management LLC now owns 283,520 shares of the company’s stock worth $6,066,000 after buying an additional 25,254 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth $585,000. Finally, Madison Wealth Partners Inc purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the 2nd quarter valued at about $1,721,000.

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.