Optivise Advisory Services LLC Takes $3.21 Million Position in VictoryShares Core Intermediate Bond ETF $UITB

Optivise Advisory Services LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 67,582 shares of the company’s stock, valued at approximately $3,211,000. VictoryShares Core Intermediate Bond ETF accounts for approximately 1.9% of Optivise Advisory Services LLC’s portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.0% in the 2nd quarter. Allworth Financial LP now owns 545,834 shares of the company’s stock worth $25,692,000 after purchasing an additional 5,659 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the second quarter worth approximately $169,000. Envision Financial LLC grew its position in VictoryShares Core Intermediate Bond ETF by 31.2% in the third quarter. Envision Financial LLC now owns 196,169 shares of the company’s stock worth $9,322,000 after buying an additional 46,653 shares during the last quarter. Osaic Holdings Inc. grew its position in VictoryShares Core Intermediate Bond ETF by 40.0% in the second quarter. Osaic Holdings Inc. now owns 143,528 shares of the company’s stock worth $6,757,000 after buying an additional 41,007 shares during the last quarter. Finally, Pinnacle Wealth Management Group Inc. increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 4.2% in the second quarter. Pinnacle Wealth Management Group Inc. now owns 175,963 shares of the company’s stock valued at $8,283,000 after buying an additional 7,108 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB opened at $47.41 on Monday. The business has a fifty day simple moving average of $47.56 and a 200-day simple moving average of $47.27. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $47.97.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.2953 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 7.5%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.15.

VictoryShares Core Intermediate Bond ETF Company Profile

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.