VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – Here’s Why

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) shares saw unusually-strong trading volume on Monday . Approximately 900,546 shares changed hands during trading, an increase of 256% from the previous session’s volume of 253,219 shares.The stock last traded at $21.9350 and had previously closed at $21.94.

VictoryShares Core Plus Intermediate Bond ETF Stock Up 0.3%

The business has a fifty day moving average price of $22.06 and a two-hundred day moving average price of $21.92.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.1634 dividend. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, December 11th. This represents a c) annualized dividend and a yield of 8.9%.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several large investors have recently made changes to their positions in the business. LexAurum Advisors LLC lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 3.7% during the second quarter. LexAurum Advisors LLC now owns 20,531 shares of the company’s stock valued at $449,000 after purchasing an additional 732 shares during the period. Integrated Investment Consultants LLC raised its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.1% during the 3rd quarter. Integrated Investment Consultants LLC now owns 37,339 shares of the company’s stock valued at $823,000 after buying an additional 774 shares during the last quarter. Comerica Bank lifted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after buying an additional 799 shares during the period. Assetmark Inc. purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the third quarter worth about $61,000. Finally, Park Place Capital Corp purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the third quarter worth about $92,000.

About VictoryShares Core Plus Intermediate Bond ETF

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.