Axis Wealth Partners LLC Buys 5,866 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Axis Wealth Partners LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 13.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,834 shares of the company’s stock after buying an additional 5,866 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up 1.8% of Axis Wealth Partners LLC’s portfolio, making the stock its 16th largest position. Axis Wealth Partners LLC owned 0.10% of VictoryShares Core Intermediate Bond ETF worth $2,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UITB. Tower Research Capital LLC TRC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $25,000. Harbor Investment Advisory LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 80.8% during the 1st quarter. Harbor Investment Advisory LLC now owns 528 shares of the company’s stock worth $25,000 after acquiring an additional 236 shares in the last quarter. WealthTrak Capital Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $122,000. Pinnacle Bancorp Inc. bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 1st quarter worth approximately $145,000. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $189,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.1%

NASDAQ UITB opened at $46.97 on Thursday. The company has a 50 day moving average price of $46.51 and a 200 day moving average price of $46.40. VictoryShares Core Intermediate Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, June 9th were paid a dividend of $0.1632 per share. This represents a $1.96 annualized dividend and a dividend yield of 4.17%. The ex-dividend date was Monday, June 9th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.15.

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.