VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 72,331 shares, a growth of 99.3% from the April 15th total of 36,299 shares. Based on an average trading volume of 192,273 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of NASDAQ:UBND opened at $21.48 on Tuesday. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.32 and a 52-week high of $22.41. The stock’s fifty day simple moving average is $21.79 and its 200-day simple moving average is $21.96.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were given a $0.084 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, May 8th.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in UBND. Victory Capital Management Inc. lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 30.9% in the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after acquiring an additional 4,800,062 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 557.4% in the fourth quarter. Osaic Holdings Inc. now owns 1,963,869 shares of the company’s stock valued at $43,215,000 after acquiring an additional 1,665,135 shares in the last quarter. Retirement Planning Group LLC lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after acquiring an additional 853,671 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 168.1% in the second quarter. Corient Private Wealth LLC now owns 836,066 shares of the company’s stock valued at $18,268,000 after acquiring an additional 524,257 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 3.0% in the fourth quarter. Annex Advisory Services LLC now owns 16,978,957 shares of the company’s stock valued at $373,537,000 after acquiring an additional 491,114 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.