VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) to Issue Monthly Dividend of $0.16

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.1642 per share on Monday, November 9th. This represents a $1.97 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, November 6th. This is a 11.8% decrease from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1861.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2%

VictoryShares Core Intermediate Bond ETF stock opened at $45.76 on Friday. The business has a 50 day moving average of $45.26 and a 200-day moving average of $46.47. VictoryShares Core Intermediate Bond ETF has a 1 year low of $44.48 and a 1 year high of $48.06.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in UITB. Bank of America Corp DE grew its stake in VictoryShares Core Intermediate Bond ETF by 6.2% in the first quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock valued at $65,672,000 after acquiring an additional 82,026 shares during the period. Calamos Advisors LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% during the 1st quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock valued at $62,683,000 after purchasing an additional 1,279,392 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock worth $60,333,000 after purchasing an additional 92,074 shares during the last quarter. Calamos Wealth Management LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 11.4% in the 1st quarter. Calamos Wealth Management LLC now owns 1,273,569 shares of the company’s stock valued at $59,879,000 after acquiring an additional 130,642 shares during the period. Finally, Allen Capital Group LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 8.2% during the 1st quarter. Allen Capital Group LLC now owns 1,113,941 shares of the company’s stock valued at $52,374,000 after acquiring an additional 84,462 shares during the period.

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.