Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Increases By 99.3%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 72,331 shares, a growth of 99.3% from the April 15th total of 36,299 shares. Based on an average daily trading volume, of 192,273 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 30.9% in the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after buying an additional 4,800,062 shares during the period. Annex Advisory Services LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 3.0% in the fourth quarter. Annex Advisory Services LLC now owns 16,978,957 shares of the company’s stock valued at $373,537,000 after buying an additional 491,114 shares during the period. Cahaba Wealth Management Inc. lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 4.0% in the first quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock valued at $178,142,000 after buying an additional 316,424 shares during the period. Retirement Planning Group LLC increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock worth $160,269,000 after acquiring an additional 853,671 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.4% in the fourth quarter. Merit Financial Group LLC now owns 5,819,517 shares of the company’s stock worth $128,029,000 after acquiring an additional 347,515 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.6%

NASDAQ:UBND traded down $0.13 during mid-day trading on Friday, hitting $21.50. The company had a trading volume of 503,969 shares, compared to its average volume of 270,790. VictoryShares Core Plus Intermediate Bond ETF has a fifty-two week low of $21.32 and a fifty-two week high of $22.41. The business’s fifty day moving average is $21.80 and its two-hundred day moving average is $21.96.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a $0.084 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) annualized dividend and a yield of 4.7%.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.