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

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 49,821 shares, a growth of 127.2% from the May 31st total of 21,931 shares. Based on an average trading volume of 121,413 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in UITB. Eagle Bay Advisors LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $27,000. PNC Financial Services Group Inc. bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at about $40,000. Rockefeller Capital Management L.P. lifted its holdings in VictoryShares Core Intermediate Bond ETF by 46.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock worth $76,000 after purchasing an additional 506 shares during the period. Western Wealth Management LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF in the first quarter worth about $81,000. Finally, Johnson Financial Group Inc. bought a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $127,000.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ UITB opened at $47.00 on Monday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $46.12 and a 52-week high of $48.06. The business’s 50-day moving average price is $46.77 and its 200 day moving average price is $47.15.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were given a $0.1654 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) annualized dividend and a yield of 4.2%.

About VictoryShares Core Intermediate Bond ETF

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.