VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sets New 1-Year Low – What’s Next?

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) reached a new 52-week low on Thursday. The stock traded as low as $44.51 and last traded at $44.4850, with a volume of 15941 shares traded. The stock had previously closed at $44.74.

VictoryShares Core Intermediate Bond ETF Trading Down 0.3%

The stock has a fifty day moving average price of $45.69 and a two-hundred day moving average price of $46.37.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 8th will be paid a $0.1861 dividend. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. The ex-dividend date is Thursday, October 8th. This represents a $2.23 annualized dividend and a yield of 5.0%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.8% during the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock worth $703,241,000 after purchasing an additional 123,363 shares during the period. Bogart Wealth LLC grew its position in VictoryShares Core Intermediate Bond ETF by 3.6% during the first quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock worth $96,890,000 after buying an additional 70,918 shares in the last quarter. Bank of America Corp DE grew its position in VictoryShares Core Intermediate Bond ETF by 6.2% during the first quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock worth $65,672,000 after buying an additional 82,026 shares in the last quarter. Calamos Advisors LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 2,378.1% during the 1st quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after acquiring an additional 1,279,392 shares during the period. Finally, Cetera Investment Advisers increased its stake in VictoryShares Core Intermediate Bond ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock worth $60,333,000 after acquiring an additional 92,074 shares during the period.

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.