Mercer Global Advisors Inc. ADV Decreases Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Mercer Global Advisors Inc. ADV lessened its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 11.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,332 shares of the company’s stock after selling 948 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in VictoryShares Core Intermediate Bond ETF were worth $337,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth $30,000. MV Capital Management Inc. purchased a new position in VictoryShares Core Intermediate Bond ETF in the 1st quarter worth $39,000. Harbour Investments Inc. raised its stake in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock worth $155,000 after acquiring an additional 3,320 shares during the last quarter. Raymond James Trust N.A. acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth about $205,000. Finally, Wedmont Private Capital acquired a new stake in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth about $300,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.3 %

Shares of UITB opened at $48.08 on Monday. The business’s 50-day moving average is $47.56 and its two-hundred day moving average is $46.52. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $43.14 and a fifty-two week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were given a dividend of $0.164 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. This represents a $1.97 annualized dividend and a yield of 4.09%. The ex-dividend date was Wednesday, September 11th.

VictoryShares Core Intermediate Bond ETF Company 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.