Nicolet Advisory Services LLC Grows Stake in VictoryShares Core Intermediate Bond ETF $UITB

Nicolet Advisory Services LLC raised its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 389,946 shares of the company’s stock after acquiring an additional 35,216 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up 1.2% of Nicolet Advisory Services LLC’s holdings, making the stock its 17th biggest position. Nicolet Advisory Services LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $18,481,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.8% during the 1st quarter. Royal Bank of Canada now owns 160,514 shares of the company’s stock valued at $7,535,000 after buying an additional 10,286 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 1st quarter valued at approximately $333,000. JPMorgan Chase & Co. lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 2.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 136,331 shares of the company’s stock valued at $6,417,000 after buying an additional 2,648 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.2% during the 2nd quarter. Raymond James Financial Inc. now owns 993,575 shares of the company’s stock valued at $46,768,000 after buying an additional 58,257 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 26.2% during the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock valued at $52,188,000 after buying an additional 230,144 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB stock opened at $46.69 on Friday. The firm’s 50 day moving average is $46.83 and its 200 day moving average is $47.22. 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 Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a dividend of $0.1654 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, June 9th.

VictoryShares Core Intermediate Bond ETF 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.