VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Plans Dividend Increase – $0.17 Per Share

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) declared a monthly dividend on Tuesday, September 8th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.1657 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, September 9th. This is a 2.8% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

NASDAQ:UITB opened at $45.94 on Wednesday. The business’s 50-day moving average price is $46.25 and its 200 day moving average price is $46.73. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.90 and a 52-week high of $48.06.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of UITB. PNC Financial Services Group Inc. acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the third quarter worth approximately $40,000. Motiv8 Investments LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at about $65,000. Rockefeller Capital Management L.P. increased its position in VictoryShares Core Intermediate Bond ETF by 46.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock worth $76,000 after purchasing an additional 506 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 1st quarter worth about $81,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $127,000.

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.