VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Strong Trading Volume – Time to Buy?

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw unusually-high trading volume on Wednesday . Approximately 89,755 shares changed hands during trading, an increase of 2% from the previous session’s volume of 88,376 shares.The stock last traded at $21.67 and had previously closed at $21.68.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The company’s 50-day moving average is $21.57 and its two-hundred day moving average is $21.72.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a $0.0837 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 10th.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Annex Advisory Services LLC increased its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 131.3% in the fourth quarter. Annex Advisory Services LLC now owns 2,930,146 shares of the company’s stock worth $62,617,000 after buying an additional 1,663,602 shares during the period. LexAurum Advisors LLC grew its holdings in VictoryShares Core Plus Intermediate Bond ETF by 2.7% in the 4th quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock worth $424,000 after acquiring an additional 516 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 5.3% in the fourth quarter. Victory Capital Management Inc. now owns 10,516,523 shares of the company’s stock valued at $224,738,000 after acquiring an additional 528,522 shares during the period. 1900 Wealth Management LLC raised its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 18.0% during the fourth quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock valued at $73,625,000 after acquiring an additional 526,628 shares during the last quarter. Finally, Madison Wealth Partners Inc boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 21.4% during the fourth quarter. Madison Wealth Partners Inc now owns 147,776 shares of the company’s stock worth $3,158,000 after purchasing an additional 26,020 shares during the period.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.