65,266 Shares in VictoryShares Core Intermediate Bond ETF $UITB Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 65,266 shares of the company’s stock, valued at approximately $2,914,000.

Several other hedge funds have also recently modified their holdings of the stock. Calamos Wealth Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at $56,637,000. Newman Dignan & Sheerar Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth $15,017,000. Toth Financial Advisory Corp purchased a new position in VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth $9,570,000. MBL Wealth LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 17.7% in the 3rd quarter. MBL Wealth LLC now owns 892,807 shares of the company’s stock worth $39,858,000 after acquiring an additional 134,036 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 18.1% in the 3rd quarter. Allworth Financial LP now owns 603,228 shares of the company’s stock worth $28,254,000 after acquiring an additional 92,294 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

Shares of NASDAQ:UITB traded down $0.07 during midday trading on Friday, hitting $44.86. The stock had a trading volume of 158,794 shares, compared to its average volume of 194,949. VictoryShares Core Intermediate Bond ETF has a 1 year low of $44.48 and a 1 year high of $48.06. The stock has a 50 day moving average price of $45.16 and a two-hundred day moving average price of $46.41.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Investors of record on Friday, November 6th were given a $0.1642 dividend. The ex-dividend date was Friday, November 6th. This is a decrease from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1861. This represents a $1.97 dividend on an annualized basis and a yield of 4.4%.

VictoryShares Core Intermediate Bond ETF 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.