HighTower Advisors LLC Lowers Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

HighTower Advisors LLC cut its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 12.4% during the 3rd quarter, Holdings Channel reports. The firm owned 5,222 shares of the company’s stock after selling 740 shares during the quarter. HighTower Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $250,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Morton Brown Family Wealth LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth approximately $30,000. Harbour Investments Inc. increased its position 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 last quarter. Raymond James Trust N.A. bought a new stake in VictoryShares Core Intermediate Bond ETF during the second quarter worth $205,000. Princeton Global Asset Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the third quarter worth $292,000. Finally, Avaii Wealth Management LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 25.6% in the 3rd quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after purchasing an additional 1,422 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Up 0.1 %

NASDAQ UITB opened at $45.88 on Wednesday. The business’s fifty day moving average is $46.65 and its 200-day moving average is $46.96. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were paid a $0.2843 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

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.