Charles Schwab Investment Management Inc. Sells 134,340 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Charles Schwab Investment Management Inc. lessened its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,657,603 shares of the company’s stock after selling 134,340 shares during the period. Charles Schwab Investment Management Inc. owned 13.88% of VictoryShares Core Intermediate Bond ETF worth $265,398,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of UITB. CWM LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $34,000. Concourse Financial Group Securities Inc. acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at about $56,000. Aspire Capital Advisors LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $227,000. Klingenstein Fields & Co. LP acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $331,000. Finally, Ferguson Shapiro LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $360,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.2 %

Shares of NASDAQ:UITB opened at $45.80 on Thursday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $43.14 and a 52-week high of $47.20. The business’s 50 day simple moving average is $45.85 and its two-hundred day simple moving average is $45.83.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were issued a $0.1561 dividend. This represents a $1.87 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend was Thursday, April 11th.

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.