Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Increases By 99.3%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 72,331 shares, a growth of 99.3% from the April 15th total of 36,299 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 192,273 shares, the short-interest ratio is currently 0.4 days.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.6%

Shares of UBND traded down $0.13 during trading hours on Friday, hitting $21.50. 503,969 shares of the stock traded hands, compared to its average volume of 270,790. VictoryShares Core Plus Intermediate Bond ETF has a 1-year low of $21.32 and a 1-year high of $22.41. The business has a fifty day moving average of $21.80 and a 200-day moving average of $21.96.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were paid a dividend of $0.084 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, May 8th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several large investors have recently made changes to their positions in UBND. Victory Capital Management Inc. lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after acquiring an additional 4,800,062 shares during the period. Osaic Holdings Inc. lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 557.4% during the fourth quarter. Osaic Holdings Inc. now owns 1,963,869 shares of the company’s stock valued at $43,215,000 after acquiring an additional 1,665,135 shares during the period. Retirement Planning Group LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% during the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after acquiring an additional 853,671 shares during the period. Corient Private Wealth LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 168.1% during the second quarter. Corient Private Wealth LLC now owns 836,066 shares of the company’s stock valued at $18,268,000 after acquiring an additional 524,257 shares during the period. Finally, Annex Advisory Services LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 3.0% during the fourth quarter. Annex Advisory Services LLC now owns 16,978,957 shares of the company’s stock valued at $373,537,000 after acquiring an additional 491,114 shares during the period.

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.