VictoryShares Corporate Bond ETF (NASDAQ:UCRD) to Issue Monthly Dividend of $0.08

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) declared a monthly dividend on Wednesday, April 8th, NASDAQ Dividends reports. Investors of record on Thursday, April 9th will be given a dividend of 0.0776 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, April 9th. This is a 2.9% increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.08.

VictoryShares Corporate Bond ETF Stock Down 0.3%

Shares of UCRD stock traded down $0.06 during trading on Thursday, reaching $21.56. 245 shares of the company’s stock were exchanged, compared to its average volume of 3,229. VictoryShares Corporate Bond ETF has a twelve month low of $20.65 and a twelve month high of $22.04. The firm’s fifty day moving average price is $21.67 and its 200-day moving average price is $21.75.

Institutional Trading of VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the quarter. Victory Capital Management Inc. owned about 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent SEC filing.

About VictoryShares Corporate Bond ETF

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.