VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Unusually-High Trading Volume – Here’s What Happened

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw unusually-strong trading volume on Friday. 384,876 shares traded hands during trading, an increase of 115% from the previous session’s volume of 178,645 shares. The stock last traded at $44.6890 and had previously closed at $44.77.

VictoryShares Core Intermediate Bond ETF Stock Down 0.3%

The company’s 50 day moving average price is $45.81 and its two-hundred day moving average price is $46.44.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a $0.1657 dividend. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1612. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.99 dividend on an annualized basis and a yield of 4.5%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Calamos Advisors LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% during the first quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after purchasing an additional 1,279,392 shares during the last quarter. Oath Planning LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $10,501,000. Calamos Wealth Management LLC lifted its holdings in VictoryShares Core Intermediate Bond ETF by 11.4% during the 1st quarter. Calamos Wealth Management LLC now owns 1,273,569 shares of the company’s stock valued at $59,879,000 after buying an additional 130,642 shares in the last quarter. Victory Capital Management Inc. boosted its position in VictoryShares Core Intermediate Bond ETF by 0.8% in the 4th quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock valued at $703,241,000 after buying an additional 123,363 shares during the period. Finally, Cetera Investment Advisers grew its stake in 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 worth $60,333,000 after acquiring an additional 92,074 shares in the last quarter.

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.