Flow Traders U.S. LLC Purchases Shares of 85,578 VictoryShares Core Intermediate Bond ETF $UITB

Flow Traders U.S. LLC purchased a new position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the third quarter, HoldingsChannel reports. The institutional investor purchased 85,578 shares of the company’s stock, valued at approximately $4,067,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. J.W. Cole Advisors Inc. increased its position in shares of VictoryShares Core Intermediate Bond ETF by 5.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,324 shares of the company’s stock valued at $253,000 after acquiring an additional 290 shares during the period. Private Advisor Group LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 0.3% during the 3rd quarter. Private Advisor Group LLC now owns 90,285 shares of the company’s stock worth $4,290,000 after acquiring an additional 301 shares during the period. Comerica Bank grew its stake in VictoryShares Core Intermediate Bond ETF by 3.7% during the 3rd quarter. Comerica Bank now owns 11,817 shares of the company’s stock valued at $562,000 after purchasing an additional 426 shares during the last quarter. Betterment LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 7.7% during the 3rd quarter. Betterment LLC now owns 5,994 shares of the company’s stock valued at $285,000 after purchasing an additional 429 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.0% in the third quarter. Cornerstone Wealth Management LLC now owns 16,516 shares of the company’s stock valued at $785,000 after purchasing an additional 479 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of NASDAQ:UITB opened at $47.14 on Tuesday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.60 and a 52-week high of $48.06. The business has a 50-day moving average price of $47.52 and a 200-day moving average price of $47.54.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were given a dividend of $0.1617 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

About VictoryShares Core Intermediate Bond ETF

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.