VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Announces $0.17 Monthly Dividend

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.1654 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Tuesday, June 9th.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of VictoryShares Core Intermediate Bond ETF stock traded down $0.07 during midday trading on Tuesday, reaching $46.51. The company had a trading volume of 149,622 shares, compared to its average volume of 184,073. The stock has a fifty day simple moving average of $46.86 and a 200 day simple moving average of $47.24. VictoryShares Core Intermediate Bond ETF has a 1-year low of $46.12 and a 1-year high of $48.06.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

A number of institutional investors have recently bought and sold shares of UITB. Royal Bank of Canada grew its stake in VictoryShares Core Intermediate Bond ETF by 6.8% in the first quarter. Royal Bank of Canada now owns 160,514 shares of the company’s stock valued at $7,535,000 after acquiring an additional 10,286 shares during the period. AQR Capital Management LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $333,000. JPMorgan Chase & Co. boosted its stake in VictoryShares Core Intermediate Bond ETF by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 136,331 shares of the company’s stock worth $6,417,000 after purchasing an additional 2,648 shares during the period. Raymond James Financial Inc. lifted its position in VictoryShares Core Intermediate Bond ETF by 6.2% during the 2nd quarter. Raymond James Financial Inc. now owns 993,575 shares of the company’s stock worth $46,768,000 after buying an additional 58,257 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in VictoryShares Core Intermediate Bond ETF by 26.2% during the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock worth $52,188,000 after buying an additional 230,144 shares in the last quarter.

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.