VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Hits New 1-Year Low – Here’s What Happened

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $20.99 and last traded at $21.01, with a volume of 195817 shares changing hands. The stock had previously closed at $21.05.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The business has a fifty day moving average price of $21.38 and a 200 day moving average price of $21.62.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a $0.0859 dividend. The ex-dividend date was Wednesday, September 9th. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several hedge funds have recently made changes to their positions in UBND. Comprehensive Financial Planning Inc. PA bought a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter worth $25,000. Johnson Financial Group Inc. bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at $54,000. Fifth Third Bancorp acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 1st quarter valued at $77,000. Stonebridge Financial Group LLC MO lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 52.7% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 24,165 shares of the company’s stock worth $526,000 after buying an additional 8,342 shares in the last quarter. Finally, Trademark Financial Management LLC acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter worth about $841,000.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.