IMA Advisory Services Inc. Acquires 18,210 Shares of VictoryShares Core Intermediate Bond ETF $UITB

IMA Advisory Services Inc. grew its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 9.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 220,105 shares of the company’s stock after purchasing an additional 18,210 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up approximately 1.0% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 22nd largest position. IMA Advisory Services Inc. owned approximately 0.39% of VictoryShares Core Intermediate Bond ETF worth $10,349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in UITB. Victory Capital Management Inc. lifted its holdings in VictoryShares Core Intermediate Bond ETF by 0.8% during the 4th quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock valued at $703,241,000 after buying an additional 123,363 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in VictoryShares Core Intermediate Bond ETF by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,620,717 shares of the company’s stock worth $266,167,000 after acquiring an additional 25,861 shares in the last quarter. LPL Financial LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 2,146,635 shares of the company’s stock worth $101,653,000 after acquiring an additional 203,071 shares during the period. Bogart Wealth LLC increased its position in shares of 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 acquiring an additional 70,918 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 8.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,755,500 shares of the company’s stock valued at $83,131,000 after acquiring an additional 129,423 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Up 0.1%

VictoryShares Core Intermediate Bond ETF stock opened at $46.47 on Friday. The company has a 50 day moving average price of $46.65 and a 200-day moving average price of $47.07. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $46.12 and a fifty-two week high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.18 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

VictoryShares Core Intermediate Bond ETF 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.