Allworth Financial LP Sells 73,887 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Allworth Financial LP reduced its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 12.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 510,934 shares of the company’s stock after selling 73,887 shares during the quarter. Allworth Financial LP’s holdings in VictoryShares Core Intermediate Bond ETF were worth $23,931,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Wealth Advisory Team LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $5,985,000. Blue Water Asset Management bought a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $19,596,000. Victory Capital Management Inc. grew its stake in VictoryShares Core Intermediate Bond ETF by 0.8% in the 4th quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock worth $703,241,000 after acquiring an additional 123,363 shares in the last quarter. Sargent Investment Group LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 6.7% during the fourth quarter. Sargent Investment Group LLC now owns 402,182 shares of the company’s stock worth $19,045,000 after acquiring an additional 25,207 shares during the period. Finally, Sanctuary Advisors LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 10.6% during the first quarter. Sanctuary Advisors LLC now owns 336,477 shares of the company’s stock worth $15,820,000 after acquiring an additional 32,122 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

NASDAQ:UITB traded down $0.07 during midday trading on Tuesday, hitting $45.94. The stock had a trading volume of 293,031 shares, compared to its average volume of 171,114. VictoryShares Core Intermediate Bond ETF has a one year low of $45.90 and a one year high of $48.06. The stock has a 50-day moving average of $46.27 and a 200 day moving average of $46.74.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.1612 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.