VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – Time to Buy?

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw strong trading volume on Tuesday . 657,729 shares changed hands during mid-day trading, an increase of 166% from the previous session’s volume of 247,646 shares.The stock last traded at $21.9050 and had previously closed at $21.88.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The company’s 50 day simple moving average is $22.08 and its 200 day simple moving average is $21.91.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were paid a $0.1634 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date was Thursday, December 11th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Integrated Investment Consultants LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 2.1% during the 3rd quarter. Integrated Investment Consultants LLC now owns 37,339 shares of the company’s stock worth $823,000 after acquiring an additional 774 shares in the last quarter. Susquehanna International Group LLP boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 354.7% in the third quarter. Susquehanna International Group LLP now owns 64,778 shares of the company’s stock valued at $1,428,000 after acquiring an additional 50,531 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.4% during the third quarter. Victory Capital Management Inc. now owns 15,558,846 shares of the company’s stock worth $343,073,000 after purchasing an additional 362,323 shares during the last quarter. Madison Wealth Partners Inc increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 41.1% during the third quarter. Madison Wealth Partners Inc now owns 226,073 shares of the company’s stock worth $4,985,000 after purchasing an additional 65,867 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 29.6% during the third quarter. OneDigital Investment Advisors LLC now owns 153,461 shares of the company’s stock worth $3,384,000 after purchasing an additional 35,076 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.