VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 67,800 shares, a growth of 72.0% from the August 15th total of 39,411 shares. Based on an average trading volume of 224,964 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in UBND. Corient Private Wealth LP boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 22.9% during the 2nd quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock valued at $32,256,000 after purchasing an additional 276,364 shares in the last quarter. Annex Advisory Services LLC raised its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock worth $410,751,000 after buying an additional 1,223,743 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at $1,499,000. Johnson Financial Group Inc. acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at $54,000. Finally, Retirement Planning Group LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.1% during the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after buying an additional 853,671 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

UBND stock remained flat at $21.00 during trading on Wednesday. 230,501 shares of the company traded hands, compared to its average volume of 275,863. The firm has a fifty day moving average price of $21.39 and a 200 day moving average price of $21.63. VictoryShares Core Plus Intermediate Bond ETF has a 1-year low of $20.97 and a 1-year high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a dividend of $0.0859 per share. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Wednesday, September 9th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.