VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Raises Dividend to $0.30 Per Share

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Wednesday, December 10th. Investors of record on Thursday, December 11th will be given a dividend of 0.2953 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 96.5% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.15.

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ UITB traded down $0.23 on Thursday, hitting $47.35. 7,259 shares of the stock traded hands, compared to its average volume of 178,523. The business’s fifty day moving average is $47.64 and its two-hundred day moving average is $47.19. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.37 and a 12 month high of $47.97.

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.