VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Stock Price Down 0.3% – Here’s What Happened

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) fell 0.3% during trading on Friday . The stock traded as low as $21.12 and last traded at $21.11. Approximately 1,382 shares were traded during trading, a decline of 10% from the average daily volume of 1,542 shares. The stock had previously closed at $21.17.

VictoryShares Corporate Bond ETF Stock Down 0.3%

The stock’s fifty day moving average price is $21.27 and its 200-day moving average price is $21.46.

VictoryShares Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a $0.0735 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Trading of VictoryShares Corporate Bond ETF

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. boosted its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,788,904 shares of the company’s stock after acquiring an additional 180,000 shares during the period. Victory Capital Management Inc. owned about 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.