VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Hits New 12-Month Low – Here’s Why

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND)’s stock price reached a new 52-week low on Friday . The stock traded as low as $21.36 and last traded at $21.36, with a volume of 11357 shares trading hands. The stock had previously closed at $21.43.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.3%

The business’s 50-day moving average is $21.61 and its two-hundred day moving average is $21.80.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.0906 dividend. The ex-dividend date was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth $33,000. Johnson Financial Group Inc. acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the first quarter worth $54,000. Finally, Comerica Bank boosted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after purchasing an additional 799 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.