VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Reaches New 52-Week High at $48.31

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) hit a new 52-week high on Tuesday . The company traded as high as $48.31 and last traded at $48.24, with a volume of 6364 shares changing hands. The stock had previously closed at $48.29.

VictoryShares Core Intermediate Bond ETF Stock Down 0.1 %

The business has a 50 day moving average price of $47.29 and a 200-day moving average price of $46.41.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were paid a $0.164 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date of this dividend was Wednesday, September 11th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 4.4% in the first quarter. Janney Montgomery Scott LLC now owns 7,670 shares of the company’s stock valued at $356,000 after acquiring an additional 320 shares during the period. Morton Brown Family Wealth LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter worth approximately $30,000. MV Capital Management Inc. acquired a new stake in VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $39,000. Private Advisor Group LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 1.9% during the 2nd quarter. Private Advisor Group LLC now owns 52,967 shares of the company’s stock worth $2,437,000 after acquiring an additional 992 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 51,907 shares of the company’s stock valued at $2,388,000 after purchasing an additional 1,691 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.