VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – Here’s What Happened

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) shares saw unusually-high trading volume on Tuesday. Approximately 373,583 shares changed hands during mid-day trading, an increase of 20% from the previous session’s volume of 311,481 shares. The stock last traded at $20.68 and had previously closed at $20.66.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The firm has a 50-day moving average of $21.10 and a 200 day moving average of $21.46.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were issued a $0.0956 dividend. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0859. The ex-dividend date of this dividend was Thursday, October 8th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Hedge funds have recently made changes to their positions in the business. Annex Advisory Services LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the second quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after acquiring an additional 1,223,743 shares during the period. Cahaba Wealth Management Inc. raised its position 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 worth $178,142,000 after purchasing an additional 316,424 shares in the last quarter. Retirement Planning Group LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.1% during the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock worth $160,269,000 after purchasing an additional 853,671 shares during the period. Corient Private Wealth LP lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 22.9% during the second quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock worth $32,256,000 after purchasing an additional 276,364 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 58.8% during the fourth quarter. Corient Private Wealth LLC now owns 950,738 shares of the company’s stock worth $20,614,000 after purchasing an additional 351,883 shares during the period.

About VictoryShares Core Plus Intermediate Bond ETF

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.