Sovereign Financial Group Inc. Has $567,000 Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Sovereign Financial Group Inc. cut its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,081 shares of the company’s stock after selling 755 shares during the period. Sovereign Financial Group Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $567,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. CWM LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $34,000. Concourse Financial Group Securities Inc. bought a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter valued at about $56,000. Aspire Wealth Management Corp boosted its holdings in VictoryShares Core Intermediate Bond ETF by 12.6% during the fourth quarter. Aspire Wealth Management Corp now owns 25,325 shares of the company’s stock valued at $1,188,000 after acquiring an additional 2,839 shares during the period. Koshinski Asset Management Inc. boosted its holdings in VictoryShares Core Intermediate Bond ETF by 93.0% during the fourth quarter. Koshinski Asset Management Inc. now owns 9,650 shares of the company’s stock valued at $453,000 after acquiring an additional 4,651 shares during the period. Finally, Aspire Capital Advisors LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at about $227,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2 %

UITB stock traded up $0.08 during mid-day trading on Tuesday, reaching $45.88. 91,249 shares of the stock traded hands, compared to its average volume of 135,744. VictoryShares Core Intermediate Bond ETF has a 52 week low of $43.14 and a 52 week high of $47.20. The business has a 50-day moving average of $45.86 and a two-hundred day moving average of $45.83.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a dividend of $0.1561 per share. This represents a $1.87 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend was Thursday, April 11th.

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.