Patriot Financial Group Insurance Agency LLC Has $6.82 Million Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Patriot Financial Group Insurance Agency LLC increased its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,327 shares of the company’s stock after acquiring an additional 4,839 shares during the quarter. VictoryShares Core Intermediate Bond ETF comprises 0.9% of Patriot Financial Group Insurance Agency LLC’s holdings, making the stock its 19th largest holding. Patriot Financial Group Insurance Agency LLC owned about 0.29% of VictoryShares Core Intermediate Bond ETF worth $6,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers acquired a new position in VictoryShares Core Intermediate Bond ETF in the first quarter valued at approximately $15,418,000. Private Advisor Group LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 77.1% during the first quarter. Private Advisor Group LLC now owns 51,975 shares of the company’s stock worth $2,411,000 after purchasing an additional 22,625 shares during the period. Envestnet Asset Management Inc. raised its position in shares of VictoryShares Core Intermediate Bond ETF by 5.1% during the second quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock worth $2,583,000 after purchasing an additional 2,729 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of VictoryShares Core Intermediate Bond ETF by 11.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 352,289 shares of the company’s stock worth $16,209,000 after purchasing an additional 35,772 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 58.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,215 shares of the company’s stock worth $654,000 after purchasing an additional 5,244 shares during the period.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB traded down $0.07 during trading on Monday, reaching $46.72. 71,352 shares of the stock were exchanged, compared to its average volume of 138,724. VictoryShares Core Intermediate Bond ETF has a 1-year low of $43.56 and a 1-year high of $48.31. The stock has a fifty day moving average of $47.66 and a two-hundred day moving average of $46.69.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a dividend of $0.1233 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.48 annualized dividend and a yield of 3.17%.

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.