VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sets New 12-Month Low – What’s Next?

Shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) hit a new 52-week low during trading on Wednesday. The company traded as low as $20.97 and last traded at $20.97, with a volume of 36846 shares traded. The stock had previously closed at $21.10.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.6%

The firm has a fifty day moving average of $21.32 and a 200 day moving average of $21.57.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a $0.0859 dividend. The ex-dividend date was Wednesday, September 9th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0819.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 30.9% in the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after purchasing an additional 4,800,062 shares in the last quarter. Annex Advisory Services LLC lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.9% during the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock worth $410,751,000 after buying an additional 1,223,743 shares during the last quarter. Cahaba Wealth Management Inc. lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 4.0% during the 1st quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock worth $178,142,000 after buying an additional 316,424 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the 1st quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after buying an additional 853,671 shares in the last quarter. Finally, Corient Private Wealth LP boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% in the 2nd quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock valued at $32,256,000 after buying an additional 276,364 shares in the last quarter.

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.