Focus Financial Network Inc. Raises Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Focus Financial Network Inc. increased its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 22.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,451 shares of the company’s stock after purchasing an additional 4,071 shares during the quarter. Focus Financial Network Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the second quarter valued at approximately $30,000. Harbour Investments Inc. raised its holdings in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after acquiring an additional 3,320 shares during the last quarter. Raymond James Trust N.A. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth $205,000. Wedmont Private Capital acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the second quarter worth $300,000. Finally, Avaii Wealth Management LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 25.6% in the third quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after purchasing an additional 1,422 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Trading Down 0.4 %

NASDAQ UITB opened at $46.50 on Friday. The business’s 50-day moving average price is $47.57 and its 200 day moving average price is $46.73. VictoryShares Core Intermediate Bond ETF has a twelve month low of $44.17 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were given a dividend of $0.1233 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date was Tuesday, October 8th.

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.