VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sets New 12-Month High – Time to Buy?

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) hit a new 52-week high on Friday . The company traded as high as $48.05 and last traded at $47.9950, with a volume of 25714 shares trading hands. The stock had previously closed at $47.91.

VictoryShares Core Intermediate Bond ETF Trading Up 0.2%

The firm has a fifty day simple moving average of $47.49 and a 200-day simple moving average of $47.49.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were paid a $0.1602 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Calamos Wealth Management LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at about $47,691,000. Orion Porfolio Solutions LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 5,030.8% in the second quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock valued at $32,978,000 after buying an additional 686,954 shares during the last quarter. Greenup Street Wealth Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at about $21,013,000. Blue Water Asset Management acquired a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at approximately $19,596,000. Finally, HORAN Wealth LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth approximately $16,381,000.

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.