MBL Wealth LLC Buys 134,036 Shares of VictoryShares Core Intermediate Bond ETF $UITB

MBL Wealth LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 17.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 892,807 shares of the company’s stock after buying an additional 134,036 shares during the period. VictoryShares Core Intermediate Bond ETF comprises about 2.4% of MBL Wealth LLC’s holdings, making the stock its 8th largest position. MBL Wealth LLC owned approximately 1.53% of VictoryShares Core Intermediate Bond ETF worth $39,858,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of UITB. Brookstone Capital Management bought a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter worth $1,812,000. Newman Dignan & Sheerar Inc. purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at $15,017,000. Oath Planning LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 24.2% during the 3rd quarter. Oath Planning LLC now owns 419,333 shares of the company’s stock valued at $18,720,000 after acquiring an additional 81,655 shares in the last quarter. Tenet Wealth Partners LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 7.1% during the 3rd quarter. Tenet Wealth Partners LLC now owns 27,566 shares of the company’s stock valued at $1,231,000 after acquiring an additional 1,818 shares in the last quarter. Finally, Optivise Advisory Services LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 1.2% during the 3rd quarter. Optivise Advisory Services LLC now owns 38,310 shares of the company’s stock valued at $1,710,000 after acquiring an additional 460 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Up 0.8%

UITB opened at $45.34 on Friday. The firm’s fifty day moving average price is $45.40 and its two-hundred day moving average price is $46.21. VictoryShares Core Intermediate Bond ETF has a 1 year low of $44.48 and a 1 year high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.1861 per share. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. This represents a $2.23 dividend on an annualized basis and a dividend yield of 4.9%.

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.