VictoryShares Core Intermediate Bond ETF $UITB is Planning Directions Inc.’s 4th Largest Position

Planning Directions Inc. lifted its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,824 shares of the company’s stock after purchasing an additional 39,451 shares during the quarter. VictoryShares Core Intermediate Bond ETF comprises approximately 6.7% of Planning Directions Inc.’s holdings, making the stock its 4th largest position. Planning Directions Inc. owned 0.49% of VictoryShares Core Intermediate Bond ETF worth $13,298,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the third quarter worth $33,000. PNC Financial Services Group Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter worth about $40,000. Harbor Investment Advisory LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 566.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,520 shares of the company’s stock worth $167,000 after purchasing an additional 2,992 shares during the last quarter. Captrust Financial Advisors bought a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth about $220,000. Finally, J.W. Cole Advisors Inc. boosted its stake in VictoryShares Core Intermediate Bond ETF by 5.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,324 shares of the company’s stock worth $253,000 after purchasing an additional 290 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ:UITB opened at $47.10 on Monday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.60 and a fifty-two week high of $48.06. The firm has a 50-day simple moving average of $47.39 and a two-hundred day simple moving average of $47.48.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a $0.1617 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, March 10th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

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.