VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 14,160 shares, a decrease of 71.6% from the June 15th total of 49,821 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 130,156 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ UITB traded down $0.03 during trading hours on Friday, hitting $46.42. 95,215 shares of the company’s stock were exchanged, compared to its average volume of 175,949. The business’s 50 day moving average is $46.70 and its 200-day moving average is $47.11. VictoryShares Core Intermediate Bond ETF has a 12-month low of $46.12 and a 12-month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently modified their holdings of the stock. Eagle Bay Advisors LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $27,000. PNC Financial Services Group Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at $40,000. Motiv8 Investments LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at $65,000. Rockefeller Capital Management L.P. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 46.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after acquiring an additional 506 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 1st quarter worth $81,000.

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.