Kestra Private Wealth Services LLC Sells 14,286 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Kestra Private Wealth Services LLC trimmed its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 74.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,915 shares of the company’s stock after selling 14,286 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $231,000 at the end of the most recent quarter.

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

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB stock traded down $0.06 during trading on Tuesday, hitting $46.75. The company had a trading volume of 4,738 shares, compared to its average volume of 176,318. The firm has a 50-day moving average price of $46.74 and a 200-day moving average price of $47.13. 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 company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.1654 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) annualized dividend and a yield of 4.2%.

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.