Orion Portfolio Solutions LLC Invests $81.63 Million in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Orion Portfolio Solutions LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,752,154 shares of the company’s stock, valued at approximately $81,633,000. VictoryShares Core Intermediate Bond ETF comprises about 0.9% of Orion Portfolio Solutions LLC’s holdings, making the stock its 9th biggest holding. Orion Portfolio Solutions LLC owned about 4.30% of VictoryShares Core Intermediate Bond ETF at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. CWM LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $34,000. Aspire Capital Advisors LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $227,000. Klingenstein Fields & Co. LP acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $331,000. Ferguson Shapiro LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $360,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at $429,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB traded up $0.04 during trading on Friday, hitting $45.82. The stock had a trading volume of 437,247 shares, compared to its average volume of 132,072. The company’s 50-day moving average price is $45.75 and its 200 day moving average price is $45.97. VictoryShares Core Intermediate Bond ETF has a twelve month low of $43.14 and a twelve month high of $47.20.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 13th. Shareholders of record on Friday, May 10th were paid a $0.1358 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $1.63 annualized dividend and a yield of 3.56%.

VictoryShares Core Intermediate Bond ETF Company Profile

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.