VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Announces Monthly Dividend of $0.18

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) declared a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Investors of record on Thursday, July 9th will be paid a dividend of 0.18 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, July 9th. This is a 8.8% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

Shares of NASDAQ UITB traded down $0.11 during mid-day trading on Thursday, hitting $46.45. The stock had a trading volume of 65,086 shares, compared to its average volume of 176,576. The business has a 50 day moving average price of $46.72 and a two-hundred day moving average price of $47.12. VictoryShares Core Intermediate Bond ETF has a 1 year low of $46.12 and a 1 year high of $48.06.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. MBL Wealth LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 6.7% in the 4th quarter. MBL Wealth LLC now owns 662,549 shares of the company’s stock worth $31,375,000 after purchasing an additional 41,767 shares in the last quarter. Greenup Street Wealth Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at about $21,013,000. Flow Traders U.S. LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at about $4,067,000. Wealth Advisory Team LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the fourth quarter worth about $5,985,000. Finally, JPMorgan Chase & Co. raised its stake in VictoryShares Core Intermediate Bond ETF by 11.4% in the third quarter. JPMorgan Chase & Co. now owns 151,887 shares of the company’s stock worth $7,218,000 after buying an additional 15,556 shares in the last quarter.

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.