Elk River Wealth Management LLC Decreases Stake in VictoryShares Core Plus Intermediate Bond ETF $UBND

Elk River Wealth Management LLC lessened its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 6.7% in the first quarter, Holdings Channel reports. The firm owned 361,138 shares of the company’s stock after selling 25,758 shares during the period. VictoryShares Core Plus Intermediate Bond ETF accounts for 1.3% of Elk River Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Elk River Wealth Management LLC’s holdings in VictoryShares Core Plus Intermediate Bond ETF were worth $7,866,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 27.6% during the fourth quarter. Comerica Bank now owns 3,555 shares of the company’s stock valued at $78,000 after buying an additional 770 shares in the last quarter. Integrated Investment Consultants LLC increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.1% in the third quarter. Integrated Investment Consultants LLC now owns 37,339 shares of the company’s stock worth $823,000 after acquiring an additional 774 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $26,000. Finally, Global Retirement Partners LLC acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter valued at $33,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.2%

Shares of VictoryShares Core Plus Intermediate Bond ETF stock opened at $21.64 on Tuesday. The company has a fifty day moving average price of $21.69 and a 200 day moving average price of $21.88. VictoryShares Core Plus Intermediate Bond ETF has a twelve month low of $21.39 and a twelve month high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were given a $0.0834 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) annualized dividend and a yield of 4.6%.

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.