VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Unusually-High Trading Volume

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw strong trading volume on Friday . 133,039 shares were traded during mid-day trading, a decline of 0% from the previous session’s volume of 133,276 shares.The stock last traded at $47.58 and had previously closed at $47.63.

VictoryShares Core Intermediate Bond ETF Stock Performance

The stock’s 50-day moving average price is $46.87 and its 200 day moving average price is $46.25.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 8th were paid a $0.1418 dividend. The ex-dividend date was Thursday, August 8th. This represents a $1.70 annualized dividend and a yield of 3.58%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of UITB. CWM LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth $34,000. Truist Financial Corp lifted its stake in VictoryShares Core Intermediate Bond ETF by 73.1% in the fourth quarter. Truist Financial Corp now owns 135,733 shares of the company’s stock worth $6,367,000 after acquiring an additional 57,335 shares during the period. Private Advisor Group LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $1,377,000. Bogart Wealth LLC increased its position in VictoryShares Core Intermediate Bond ETF by 397.0% during the 4th quarter. Bogart Wealth LLC now owns 492,906 shares of the company’s stock valued at $23,122,000 after purchasing an additional 393,722 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its position in VictoryShares Core Intermediate Bond ETF by 1,851.1% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 24,720 shares of the company’s stock valued at $1,160,000 after purchasing an additional 23,453 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.