Pine Valley Investments Ltd Liability Co Increases Position in VictoryShares Core Intermediate Bond ETF $UITB

Pine Valley Investments Ltd Liability Co lifted its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 7.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 577,056 shares of the company’s stock after acquiring an additional 41,638 shares during the period. VictoryShares Core Intermediate Bond ETF accounts for approximately 1.2% of Pine Valley Investments Ltd Liability Co’s investment portfolio, making the stock its 14th biggest holding. Pine Valley Investments Ltd Liability Co owned about 1.03% of VictoryShares Core Intermediate Bond ETF worth $27,131,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allen Capital Group LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 8.2% during the 1st quarter. Allen Capital Group LLC now owns 1,113,941 shares of the company’s stock worth $52,374,000 after acquiring an additional 84,462 shares during the period. Western Wealth Management LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the first quarter valued at about $81,000. Bank of America Corp DE increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 6.2% in the first quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock valued at $65,672,000 after purchasing an additional 82,026 shares during the period. Royal Bank of Canada raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.0% in the first quarter. Royal Bank of Canada now owns 151,408 shares of the company’s stock worth $7,119,000 after purchasing an additional 1,542 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.7% in the first quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock worth $60,333,000 after purchasing an additional 92,074 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

VictoryShares Core Intermediate Bond ETF stock opened at $46.08 on Monday. VictoryShares Core Intermediate Bond ETF has a 52 week low of $46.01 and a 52 week high of $48.06. The stock has a 50-day moving average price of $46.59 and a 200 day moving average price of $46.99.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

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.