VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Plans Monthly Dividend of $0.18

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Shareholders of record on Thursday, July 9th will be paid a dividend of 0.18 per share on Friday, July 10th. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date is Thursday, July 9th. This is a 8.8% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

UITB traded down $0.11 during midday trading on Thursday, hitting $46.45. The stock had a trading volume of 65,086 shares, compared to its average volume of 176,576. VictoryShares Core Intermediate Bond ETF has a 1 year low of $46.12 and a 1 year high of $48.06. The business has a fifty day moving average of $46.72 and a 200 day moving average of $47.12.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in UITB. Victory Capital Management Inc. boosted its position in VictoryShares Core Intermediate Bond ETF by 0.8% during the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock valued at $703,241,000 after buying an additional 123,363 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,620,717 shares of the company’s stock valued at $266,167,000 after acquiring an additional 25,861 shares during the last quarter. LPL Financial LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 2,146,635 shares of the company’s stock valued at $101,653,000 after acquiring an additional 203,071 shares during the last quarter. Bogart Wealth LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 3.6% during the 1st quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock valued at $96,890,000 after acquiring an additional 70,918 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in VictoryShares Core Intermediate Bond ETF by 8.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,755,500 shares of the company’s stock valued at $83,131,000 after acquiring an additional 129,423 shares during the period.

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.