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

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 18,300 shares, a drop of 45.7% from the October 31st total of 33,700 shares. Based on an average trading volume of 138,300 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Stock Up 0.3 %

Shares of NASDAQ UBND opened at $21.77 on Thursday. The firm’s 50-day moving average price is $21.85 and its 200-day moving average price is $21.76. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $20.90 and a 52-week high of $22.43.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a $0.0808 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Thursday, November 7th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 4.46%.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Madison Wealth Partners Inc purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the second quarter worth approximately $1,721,000. OneDigital Investment Advisors LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% in the third quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after buying an additional 31,317 shares during the last quarter. Elk River Wealth Management LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 9.8% in the second 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 during the last quarter. Annex Advisory Services LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the second quarter worth approximately $13,596,000. Finally, Goldstein Advisors LLC lifted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 1.0% during the second quarter. Goldstein Advisors LLC now owns 1,397,991 shares of the company’s stock valued at $29,910,000 after purchasing an additional 14,378 shares in the last quarter.

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.