VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stock Short Interest Declines 73.4%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 13,090 shares, a drop of 73.4% from the August 31st total of 49,129 shares. Based on an average daily trading volume, of 241,912 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several large investors have recently bought and sold shares of UITB. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock worth $703,241,000 after buying an additional 123,363 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.6% during the first quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock valued at $96,890,000 after buying an additional 70,918 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 6.2% during the first quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock valued at $65,672,000 after buying an additional 82,026 shares during the last quarter. Calamos Advisors LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% in the 1st quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock valued at $62,683,000 after acquiring an additional 1,279,392 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of VictoryShares Core Intermediate Bond ETF by 7.7% in the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock valued at $60,333,000 after acquiring an additional 92,074 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB stock opened at $44.96 on Friday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $44.77 and a fifty-two week high of $48.06. The stock’s 50-day simple moving average is $45.93 and its 200-day simple moving average is $46.51.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a $0.1657 dividend. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1612. The ex-dividend date was Wednesday, September 9th. This represents a $1.99 dividend on an annualized basis and a yield of 4.4%.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.