VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) is Fjell Capital LLC’s 2nd Largest Position

Fjell Capital LLC grew its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 50.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,688 shares of the company’s stock after purchasing an additional 46,307 shares during the period. VictoryShares Core Intermediate Bond ETF makes up about 6.6% of Fjell Capital LLC’s holdings, making the stock its 2nd largest holding. Fjell Capital LLC owned about 0.27% of VictoryShares Core Intermediate Bond ETF worth $6,510,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UITB. Kestra Private Wealth Services LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter worth about $1,465,000. Focus Financial Network Inc. increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 11.9% in the 4th quarter. Focus Financial Network Inc. now owns 25,131 shares of the company’s stock valued at $1,155,000 after acquiring an additional 2,680 shares during the period. Atlantic Edge Private Wealth Management LLC raised its position in VictoryShares Core Intermediate Bond ETF by 2.4% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 252,423 shares of the company’s stock valued at $11,601,000 after purchasing an additional 5,859 shares during the last quarter. Gladstone Institutional Advisory LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 10.6% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 109,424 shares of the company’s stock valued at $5,029,000 after buying an additional 10,522 shares during the last quarter. Finally, Marks Group Wealth Management Inc grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 17.4% in the 4th quarter. Marks Group Wealth Management Inc now owns 10,676 shares of the company’s stock valued at $491,000 after purchasing an additional 1,583 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB opened at $46.57 on Friday. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.37 and a 12 month high of $48.31. The business has a 50 day simple moving average of $46.47 and a 200-day simple moving average of $46.41.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, May 8th were issued a $0.1464 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.77%. The ex-dividend date was Thursday, May 8th.

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.