VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Drop in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 15,800 shares, a drop of 64.7% from the January 15th total of 44,700 shares. Based on an average daily trading volume, of 129,800 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth about $242,000. LexAurum Advisors LLC boosted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.7% during the 4th quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock valued at $424,000 after buying an additional 516 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% during the third quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after buying an additional 31,317 shares in the last quarter. Madison Wealth Partners Inc increased its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 21.4% in the fourth quarter. Madison Wealth Partners Inc now owns 147,776 shares of the company’s stock worth $3,158,000 after buying an additional 26,020 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 156.9% during the 4th quarter. Corient Private Wealth LLC now owns 218,800 shares of the company’s stock valued at $4,676,000 after acquiring an additional 133,624 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.5 %

Shares of NASDAQ:UBND opened at $21.45 on Friday. The business’s 50-day simple moving average is $21.45 and its 200 day simple moving average is $21.78. VictoryShares Core Plus Intermediate Bond ETF has a one year low of $20.90 and a one year high of $22.43.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a dividend of $0.0784 per share. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.01. The ex-dividend date was Friday, February 7th.

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.