Focus Financial Network Inc. Boosts Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Focus Financial Network Inc. boosted its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,131 shares of the company’s stock after buying an additional 2,680 shares during the period. Focus Financial Network Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,155,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Bogart Wealth LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 1.6% during the 3rd quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock valued at $61,644,000 after acquiring an additional 19,837 shares during the last quarter. Riversedge Advisors LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 4.6% during the fourth quarter. Riversedge Advisors LLC now owns 695,989 shares of the company’s stock valued at $31,988,000 after purchasing an additional 30,603 shares in the last quarter. Allen Capital Group LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 6.8% during the fourth quarter. Allen Capital Group LLC now owns 545,854 shares of the company’s stock valued at $25,087,000 after purchasing an additional 34,566 shares during the last quarter. Alliance Wealth Advisors LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 8.8% in the 3rd quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock worth $23,727,000 after buying an additional 39,917 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 6.5% in the 3rd quarter. Allworth Financial LP now owns 448,445 shares of the company’s stock worth $21,494,000 after buying an additional 27,238 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Trading Down 0.5 %

UITB opened at $45.87 on Thursday. The stock has a 50-day moving average of $46.12 and a 200 day moving average of $46.87. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were issued a dividend of $0.1528 per share. The ex-dividend date was Friday, February 7th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

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.