VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Decrease in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 66,555 shares, a decrease of 35.5% from the June 30th total of 103,116 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 546,239 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.3%

UBND opened at $21.36 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $21.35 and a 52 week high of $22.41. The business’s 50 day moving average is $21.60 and its two-hundred day moving average is $21.80.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0906 per share. The ex-dividend date was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of institutional investors have recently modified their holdings of UBND. Annex Advisory Services LLC raised its position in VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after purchasing an additional 1,223,743 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter worth $1,499,000. Johnson Financial Group Inc. purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter worth $54,000. Retirement Planning Group LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 13.1% during the 1st quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock worth $160,269,000 after purchasing an additional 853,671 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at $77,000.

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.