Truist Financial Corp Raises Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Truist Financial Corp boosted its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 5.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 226,520 shares of the company’s stock after buying an additional 11,130 shares during the period. Truist Financial Corp owned approximately 0.45% of VictoryShares Core Intermediate Bond ETF worth $10,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp raised its holdings in VictoryShares Core Intermediate Bond ETF by 116.5% in the 4th quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock valued at $108,000 after buying an additional 1,270 shares during the period. Fortune Financial Advisors LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter worth about $212,000. Ameritas Advisory Services LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter worth about $246,000. Perigon Wealth Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter worth about $246,000. Finally, Princeton Global Asset Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter worth about $292,000.

VictoryShares Core Intermediate Bond ETF Trading Up 0.2 %

Shares of NASDAQ:UITB opened at $46.29 on Friday. The firm’s 50-day moving average is $46.02 and its two-hundred day moving average is $46.83. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid 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.