Pine Valley Investments Ltd Liability Co Boosts Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Pine Valley Investments Ltd Liability Co increased its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 87.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 278,998 shares of the company’s stock after acquiring an additional 129,887 shares during the period. VictoryShares Core Intermediate Bond ETF comprises approximately 0.8% of Pine Valley Investments Ltd Liability Co’s holdings, making the stock its 26th largest position. Pine Valley Investments Ltd Liability Co’s holdings in VictoryShares Core Intermediate Bond ETF were worth $12,823,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 116.5% in the fourth quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock worth $108,000 after purchasing an additional 1,270 shares during the last quarter. Janney Montgomery Scott LLC raised its position in VictoryShares Core Intermediate Bond ETF by 299.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock worth $1,310,000 after buying an additional 20,498 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in VictoryShares Core Intermediate Bond ETF by 96.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 28,995 shares of the company’s stock valued at $1,390,000 after acquiring an additional 14,216 shares during the period. Flagship Harbor Advisors LLC boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 33.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 6,790 shares of the company’s stock valued at $312,000 after acquiring an additional 1,684 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $520,000.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB opened at $46.53 on Tuesday. The firm has a 50 day moving average price of $46.02 and a 200-day moving average price of $46.82. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.00 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.1528 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

VictoryShares Core Intermediate Bond ETF Company 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.