VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Trading Up 0% – Here’s Why

VictoryShares Corporate Bond ETF (NASDAQ:UCRD)’s stock price were up 0% during mid-day trading on Tuesday . The company traded as high as $21.50 and last traded at $21.6050. 12 shares traded hands during trading, a decline of 99% from the average session volume of 1,846 shares. The stock had previously closed at $21.60.

VictoryShares Corporate Bond ETF Price Performance

The business’s fifty day moving average is $21.49 and its two-hundred day moving average is $21.61.

VictoryShares Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.0748 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, June 9th.

Institutional Investors Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the period. Victory Capital Management Inc. owned about 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.