VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) to Issue $0.16 Dividend

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) declared a dividend on Thursday, May 7th, NASDAQ Dividends reports. Investors of record on Friday, May 8th will be paid a dividend of 0.1628 per share on Monday, May 11th. The ex-dividend date is Friday, May 8th.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ UITB traded down $0.07 on Friday, reaching $46.90. The company had a trading volume of 64,650 shares, compared to its average volume of 189,996. VictoryShares Core Intermediate Bond ETF has a 1-year low of $45.89 and a 1-year high of $48.06. The company’s fifty day moving average is $47.16 and its 200-day moving average is $47.40.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. J.W. Cole Advisors Inc. raised 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 period. Keystone Financial Group raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 3.0% in the 3rd quarter. Keystone Financial Group now owns 9,925 shares of the company’s stock valued at $472,000 after purchasing an additional 291 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 47,248 shares of the company’s stock valued at $2,245,000 after purchasing an additional 301 shares during the period. Private Advisor Group LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.3% in the 3rd quarter. Private Advisor Group LLC now owns 90,285 shares of the company’s stock valued at $4,290,000 after purchasing an additional 301 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 8,232 shares of the company’s stock valued at $390,000 after purchasing an additional 307 shares during the period.

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.