Blue Water Asset Management Invests $19.60 Million in VictoryShares Core Intermediate Bond ETF $UITB

Blue Water Asset Management bought a new position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 413,808 shares of the company’s stock, valued at approximately $19,596,000. VictoryShares Core Intermediate Bond ETF makes up approximately 7.0% of Blue Water Asset Management’s portfolio, making the stock its 3rd largest holding. Blue Water Asset Management owned 0.74% of VictoryShares Core Intermediate Bond ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UITB. Orion Porfolio Solutions LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 5,030.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock worth $32,978,000 after acquiring an additional 686,954 shares in the last quarter. Greenup Street Wealth Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $21,013,000. Sanctuary Advisors LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 1,662.8% in the 4th quarter. Sanctuary Advisors LLC now owns 304,355 shares of the company’s stock worth $14,413,000 after acquiring an additional 287,090 shares in the last quarter. Bank of America Corp DE raised its position in shares of VictoryShares Core Intermediate Bond ETF by 26.2% in the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock worth $52,188,000 after acquiring an additional 230,144 shares in the last quarter. Finally, Souders Financial Advisors bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $8,045,000.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB opened at $46.36 on Friday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.89 and a 52-week high of $48.06. The stock has a 50 day moving average price of $47.02 and a 200-day moving average price of $47.35.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a dividend of $0.1628 per share. The ex-dividend date of this dividend was Friday, May 8th.

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.