VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sets New 52-Week Low – Time to Sell?

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND)’s share price hit a new 52-week low on Wednesday . The company traded as low as $20.97 and last traded at $20.97, with a volume of 36846 shares. The stock had previously closed at $21.10.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.9%

The firm’s 50-day moving average price is $21.35 and its 200 day moving average price is $21.59.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a $0.0859 dividend. The ex-dividend date was Wednesday, September 9th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

A number of institutional investors have recently made changes to their positions in UBND. Madison Wealth Partners Inc boosted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 65.6% during the 4th quarter. Madison Wealth Partners Inc now owns 374,374 shares of the company’s stock valued at $8,236,000 after purchasing an additional 148,301 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after buying an additional 4,800,062 shares in the last quarter. Annex Advisory Services LLC grew its stake in VictoryShares Core Plus Intermediate Bond ETF by 6.9% during the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after acquiring an additional 1,223,743 shares in the last quarter. Retirement Planning Group LLC increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the 1st quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after purchasing an additional 853,671 shares during the period. Finally, Trademark Financial Management LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the first quarter worth approximately $841,000.

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.