Victory Capital Management Inc. Grows Position in VictoryShares Core Plus Intermediate Bond ETF $UBND

Victory Capital Management Inc. boosted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 30.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,358,908 shares of the company’s stock after purchasing an additional 4,800,062 shares during the period. Victory Capital Management Inc. owned about 26.04% of VictoryShares Core Plus Intermediate Bond ETF worth $447,896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at $26,000. Global Retirement Partners LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at $33,000. Comerica Bank lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 44.4% during the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after purchasing an additional 799 shares in the last quarter. Finally, Assetmark Inc. purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the third quarter valued at about $61,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

Shares of VictoryShares Core Plus Intermediate Bond ETF stock opened at $21.63 on Friday. The stock’s 50-day simple moving average is $21.71 and its 200-day simple moving average is $21.90. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $21.39 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a $0.0834 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, June 9th.

VictoryShares Core Plus Intermediate Bond ETF Profile

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.