Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Declines By 74.3%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 47,386 shares, a decline of 74.3% from the July 30th total of 184,313 shares. Based on an average daily trading volume, of 130,020 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several large investors have recently made changes to their positions in UITB. Calamos Advisors LLC increased its position in VictoryShares Core Intermediate Bond ETF by 2,378.1% in the first quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after purchasing an additional 1,279,392 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 5,030.8% during the second quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock valued at $32,978,000 after purchasing an additional 686,954 shares during the last quarter. Blue Water Asset Management bought a new position in VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at $19,596,000. Crusonia Wealth Advisors LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at $16,355,000. Finally, Bank of America Corp DE grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 26.2% in the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock worth $52,188,000 after buying an additional 230,144 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB traded down $0.01 during midday trading on Thursday, reaching $46.27. 111,869 shares of the company were exchanged, compared to its average volume of 168,356. The business’s fifty day moving average is $46.40 and its two-hundred day moving average is $46.83. VictoryShares Core Intermediate Bond ETF has a one year low of $45.97 and a one year high of $48.06.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were issued a dividend of $0.1612 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

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.