VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Down 64.7% in January

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 15,800 shares, a drop of 64.7% from the January 15th total of 44,700 shares. Based on an average daily volume of 129,800 shares, the short-interest ratio is presently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of NASDAQ UBND traded up $0.10 during trading hours on Thursday, reaching $21.45. 6,936 shares of the stock were exchanged, compared to its average volume of 129,025. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $20.90 and a 52 week high of $22.43. The stock’s fifty day simple moving average is $21.45 and its 200 day simple moving average is $21.78.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were paid a dividend of $0.0784 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 131.3% during the 4th quarter. Annex Advisory Services LLC now owns 2,930,146 shares of the company’s stock worth $62,617,000 after acquiring an additional 1,663,602 shares during the period. LexAurum Advisors LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 2.7% during the 4th quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock worth $424,000 after acquiring an additional 516 shares during the period. 1900 Wealth Management LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 18.0% during the 4th quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock worth $73,625,000 after acquiring an additional 526,628 shares during the period. Goldstein Advisors LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 26.5% during the 3rd quarter. Goldstein Advisors LLC now owns 1,768,493 shares of the company’s stock worth $39,344,000 after acquiring an additional 370,502 shares during the period. Finally, OneDigital Investment Advisors LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 56.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after acquiring an additional 31,317 shares during the period.

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.