VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Down 88.4% in April

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 7,900 shares, a decline of 88.4% from the March 31st total of 68,300 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 193,100 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UITB. Pine Valley Investments Ltd Liability Co grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 37.0% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 149,111 shares of the company’s stock valued at $7,147,000 after buying an additional 40,296 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in VictoryShares Core Intermediate Bond ETF by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 107,231 shares of the company’s stock worth $5,140,000 after acquiring an additional 16,473 shares during the period. Brookstone Capital Management grew its position in VictoryShares Core Intermediate Bond ETF by 13.8% in the fourth quarter. Brookstone Capital Management now owns 20,358 shares of the company’s stock valued at $936,000 after acquiring an additional 2,471 shares in the last quarter. Envision Financial LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at approximately $5,555,000. Finally, AdvisorNet Financial Inc raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.4% during the fourth quarter. AdvisorNet Financial Inc now owns 124,182 shares of the company’s stock valued at $5,707,000 after purchasing an additional 8,600 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Up 0.3 %

UITB opened at $46.70 on Monday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.16 and a 52-week high of $48.31. The company has a 50 day moving average of $46.67 and a two-hundred day moving average of $46.48.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were issued a $0.1708 dividend. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.16. The ex-dividend date was Thursday, April 10th.

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.