VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Stock Jumps 0.6% – What’s Next?

VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) shot up 0.6% on Wednesday. The company traded as high as $20.91 and last traded at $20.91. Approximately 466 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 1,605 shares. The stock had previously closed at $20.79.

VictoryShares Corporate Bond ETF Stock Performance

The company’s 50-day moving average price is $20.75 and its two-hundred day moving average price is $21.31.

VictoryShares Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, November 6th will be paid a dividend of $0.0751 per share. This is a drop from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0851. This represents a $0.90 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, November 6th.

About VictoryShares Corporate Bond ETF

(Get Free Report)

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.

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