VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 68,300 shares, a decrease of 35.6% from the March 15th total of 106,100 shares. Based on an average daily trading volume, of 227,300 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ UITB opened at $46.40 on Friday. The firm has a 50-day moving average price of $46.65 and a two-hundred day moving average price of $46.53. 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 firm also recently disclosed a dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were paid a $0.1708 dividend. The ex-dividend date was Thursday, April 10th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.16.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter worth $35,994,000. LPL Financial LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 108.3% in the fourth quarter. LPL Financial LLC now owns 1,253,462 shares of the company’s stock worth $57,609,000 after purchasing an additional 651,567 shares in the last quarter. Bogart Wealth LLC grew its holdings in VictoryShares Core Intermediate Bond ETF by 36.9% in the fourth quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock worth $80,901,000 after purchasing an additional 474,119 shares during the period. Wells Fargo & Company MN boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 184.2% during the 4th quarter. Wells Fargo & Company MN now owns 498,140 shares of the company’s stock worth $22,895,000 after purchasing an additional 322,876 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in VictoryShares Core Intermediate Bond ETF by 54.2% during the 4th quarter. Bank of America Corp DE now owns 833,549 shares of the company’s stock worth $38,310,000 after buying an additional 293,013 shares during the period.

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.