Elk River Wealth Management LLC Boosts Stock Position in VictoryShares Core Plus Intermediate Bond ETF $UBND

Elk River Wealth Management LLC lifted its position in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 386,896 shares of the company’s stock after buying an additional 34,895 shares during the quarter. VictoryShares Core Plus Intermediate Bond ETF makes up 1.1% of Elk River Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Elk River Wealth Management LLC’s holdings in VictoryShares Core Plus Intermediate Bond ETF were worth $8,322,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $26,000. Comerica Bank raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after buying an additional 799 shares during the period. Assetmark Inc. purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 3rd quarter valued at $61,000. Stonebridge Financial Group LLC MO purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $348,000. Finally, LexAurum Advisors LLC raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 4.4% in the 3rd quarter. LexAurum Advisors LLC now owns 21,437 shares of the company’s stock valued at $473,000 after buying an additional 906 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.6%

UBND stock opened at $21.52 on Thursday. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $21.32 and a 12-month high of $22.41. The business’s fifty day moving average price is $21.76 and its 200 day moving average price is $21.95.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a dividend of $0.084 per share. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 4.7%.

About VictoryShares Core Plus Intermediate Bond ETF

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.