VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) is Pathway Financial Advisors LLC’s 10th Largest Position

Pathway Financial Advisors LLC lessened its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 0.3% in the third quarter, HoldingsChannel.com reports. The firm owned 140,938 shares of the company’s stock after selling 355 shares during the period. VictoryShares Core Intermediate Bond ETF accounts for approximately 1.7% of Pathway Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Pathway Financial Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $6,755,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at $30,000. MV Capital Management Inc. acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the first quarter valued at $39,000. Harbour Investments Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7,720.9% during the second quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after acquiring an additional 3,320 shares during the period. Raymond James Trust N.A. acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at $205,000. Finally, Wedmont Private Capital acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at $300,000.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB opened at $47.28 on Wednesday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $43.14 and a 1 year high of $48.31. The firm has a fifty day moving average of $47.73 and a 200-day moving average of $46.60.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th will be paid a dividend of $0.1233 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend is Tuesday, October 8th.

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.