Tenet Wealth Partners LLC Buys New Stake in VictoryShares Core Intermediate Bond ETF $UITB

Tenet Wealth Partners LLC bought a new stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,748 shares of the company’s stock, valued at approximately $1,190,000. VictoryShares Core Intermediate Bond ETF accounts for approximately 0.9% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 20th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in VictoryShares Core Intermediate Bond ETF by 0.5% during 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 period. LPL Financial LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 10.4% during 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 period. Bogart Wealth LLC grew its position in VictoryShares Core Intermediate Bond ETF by 3.6% in 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 in the last quarter. Finally, Wells Fargo & Company MN grew its position in VictoryShares Core Intermediate Bond ETF by 8.0% in 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 in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of NASDAQ:UITB opened at $46.01 on Friday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.90 and a 1 year high of $48.06. The firm’s 50-day moving average is $46.29 and its two-hundred day moving average is $46.76.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a dividend of $0.1612 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

VictoryShares Core Intermediate Bond ETF Profile

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.