VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 13,090 shares, a decrease of 73.4% from the August 31st total of 49,129 shares. Based on an average trading volume of 241,912 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2%

Shares of NASDAQ:UITB opened at $44.96 on Friday. The company has a 50-day moving average price of $45.93 and a 200 day moving average price of $46.51. VictoryShares Core Intermediate Bond ETF has a 12 month low of $44.77 and a 12 month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were given a dividend of $0.1657 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.99 dividend on an annualized basis and a yield of 4.4%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1612.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its position in shares of 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 worth $76,000 after purchasing an additional 506 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $81,000. Ameritas Advisory Services LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at approximately $277,000. Global Retirement Partners LLC grew its position in VictoryShares Core Intermediate Bond ETF by 9.9% during the fourth quarter. Global Retirement Partners LLC now owns 6,168 shares of the company’s stock worth $292,000 after buying an additional 554 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at approximately $65,000.

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.