Cyr Financial Inc. Boosts Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Cyr Financial Inc. grew its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 3.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 170,188 shares of the company’s stock after purchasing an additional 6,210 shares during the period. VictoryShares Core Intermediate Bond ETF makes up approximately 8.0% of Cyr Financial Inc.’s holdings, making the stock its 5th largest position. Cyr Financial Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $7,989,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in UITB. Harbor Investment Advisory LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 80.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 528 shares of the company’s stock worth $25,000 after acquiring an additional 236 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $25,000. Global Retirement Partners LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $34,000. WealthTrak Capital Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $122,000. Finally, Mpwm Advisory Solutions LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $189,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.1%

Shares of NASDAQ UITB opened at $46.58 on Friday. The firm’s 50-day moving average price is $46.41 and its 200-day moving average price is $46.39. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.37 and a 52-week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, June 9th were issued a $0.1632 dividend. The ex-dividend date was Monday, June 9th. This represents a $1.96 annualized dividend and a yield of 4.20%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.15.

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.