VictoryShares Core Intermediate Bond ETF Announces Monthly Dividend of $0.17 (NASDAQ:UITB)

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.1654 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, June 9th.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ:UITB traded down $0.07 during mid-day trading on Tuesday, hitting $46.51. 149,622 shares of the company’s stock traded hands, compared to its average volume of 184,073. The firm’s 50 day simple moving average is $46.86 and its 200 day simple moving average is $47.24. VictoryShares Core Intermediate Bond ETF has a 1 year low of $46.12 and a 1 year high of $48.06.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC purchased a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $27,000. PNC Financial Services Group Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $40,000. Rockefeller Capital Management L.P. increased its holdings in VictoryShares Core Intermediate Bond ETF by 46.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after acquiring an additional 506 shares in the last quarter. Western Wealth Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF during the 1st quarter valued at about $81,000. Finally, Johnson Financial Group Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $127,000.

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.