Stewardship Concepts Financial Services LLC Acquires Shares of 57,973 VictoryShares Core Intermediate Bond ETF $UITB

Stewardship Concepts Financial Services LLC bought a new stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the fourth quarter, Holdings Channel reports. The institutional investor bought 57,973 shares of the company’s stock, valued at approximately $2,745,000. VictoryShares Core Intermediate Bond ETF makes up about 2.3% of Stewardship Concepts Financial Services LLC’s portfolio, making the stock its 18th biggest holding.

Other hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new position in VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at about $33,000. PNC Financial Services Group Inc. purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at approximately $40,000. Harbor Investment Advisory LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 566.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,520 shares of the company’s stock worth $167,000 after acquiring an additional 2,992 shares during the period. Captrust Financial Advisors purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at approximately $220,000. Finally, J.W. Cole Advisors Inc. grew its stake 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 purchasing an additional 290 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ:UITB opened at $47.10 on Friday. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.60 and a 12-month high of $48.06. The stock’s 50 day simple moving average is $47.39 and its 200-day simple moving average is $47.48.

VictoryShares Core Intermediate Bond ETF Increases Dividend

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

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.