VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 39,411 shares, an increase of 202.6% from the July 30th total of 13,024 shares. Based on an average daily trading volume, of 175,214 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its position in VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the 4th quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after purchasing an additional 4,800,062 shares during the period. Annex Advisory Services LLC increased its position in VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the second quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock worth $410,751,000 after buying an additional 1,223,743 shares during the period. Cahaba Wealth Management Inc. lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 4.0% in the first quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock valued at $178,142,000 after buying an additional 316,424 shares during the last quarter. Retirement Planning Group LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after buying an additional 853,671 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings 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.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

UBND remained flat at $21.45 on Thursday. 136,716 shares of the company traded hands, compared to its average volume of 271,307. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.34 and a 52-week high of $22.41. The company’s fifty day simple moving average is $21.52 and its two-hundred day simple moving average is $21.71.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were issued a dividend of $0.0819 per share. The ex-dividend date of this dividend was Friday, August 7th.

About VictoryShares Core Plus Intermediate Bond ETF

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.