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

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 77,322 shares, an increase of 63.0% from the September 15th total of 47,451 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 897,915 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

NASDAQ UBND opened at $20.79 on Friday. The company’s fifty day simple moving average is $21.09 and its 200-day simple moving average is $21.46. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $20.53 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were issued a $0.0956 dividend. The ex-dividend date was Thursday, October 8th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0859.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several large investors have recently modified their holdings of UBND. Annex Advisory Services LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the third quarter valued at about $288,272,000. Goldstein Advisors LLC boosted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 20.4% during the 3rd quarter. Goldstein Advisors LLC now owns 2,197,698 shares of the company’s stock valued at $45,393,000 after buying an additional 372,812 shares during the last quarter. Juncture Wealth Strategies LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth approximately $656,000. Envestnet Asset Management Inc. grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 962.5% during the second quarter. Envestnet Asset Management Inc. now owns 225,634 shares of the company’s stock worth $4,902,000 after buying an additional 204,398 shares in the last quarter. Finally, Corient Private Wealth LP increased its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% in the second quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock worth $32,256,000 after buying an additional 276,364 shares during 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.