VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Significant Decline in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 14,160 shares, a decrease of 71.6% from the June 15th total of 49,821 shares. Based on an average trading volume of 130,156 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. MBL Wealth LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.7% during the fourth quarter. MBL Wealth LLC now owns 662,549 shares of the company’s stock valued at $31,375,000 after acquiring an additional 41,767 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at about $4,067,000. Greenup Street Wealth Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $21,013,000. JPMorgan Chase & Co. lifted its holdings in VictoryShares Core Intermediate Bond ETF by 11.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 151,887 shares of the company’s stock valued at $7,218,000 after purchasing an additional 15,556 shares in the last quarter. Finally, Wealth Advisory Team LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $5,985,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.1%

Shares of NASDAQ:UITB traded down $0.03 during trading on Friday, reaching $46.42. The company had a trading volume of 95,215 shares, compared to its average volume of 175,949. The stock’s fifty day moving average price is $46.70 and its 200 day moving average price is $47.11. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $46.12 and a fifty-two week high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.18 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Thursday, July 9th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

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.