Orion Portfolio Solutions LLC Lowers Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Orion Portfolio Solutions LLC trimmed its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 1.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,543,057 shares of the company’s stock after selling 29,579 shares during the period. VictoryShares Core Intermediate Bond ETF accounts for about 0.7% of Orion Portfolio Solutions LLC’s investment portfolio, making the stock its 19th biggest position. Orion Portfolio Solutions LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $70,919,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Klingenstein Fields & Co. LP lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 3.3% during the fourth quarter. Klingenstein Fields & Co. LP now owns 11,545 shares of the company’s stock worth $531,000 after purchasing an additional 366 shares in the last quarter. NewEdge Wealth LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.1% during the fourth quarter. NewEdge Wealth LLC now owns 43,169 shares of the company’s stock worth $1,984,000 after buying an additional 470 shares during the period. Smith Thornton Advisors LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 0.4% in the fourth quarter. Smith Thornton Advisors LLC now owns 135,689 shares of the company’s stock worth $6,236,000 after acquiring an additional 598 shares during the last quarter. Global Retirement Partners LLC acquired a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $34,000. Finally, Daymark Wealth Partners LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 2.2% in the 4th quarter. Daymark Wealth Partners LLC now owns 39,996 shares of the company’s stock valued at $1,838,000 after purchasing an additional 842 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Trading Down 0.0 %

Shares of UITB stock opened at $46.56 on Friday. The firm has a fifty day moving average price of $46.47 and a 200 day moving average price of $46.70. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were given a dividend of $0.1581 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 10th.

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.