VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Decline in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 12,639 shares, a drop of 71.9% from the February 26th total of 44,991 shares. Based on an average trading volume of 168,796 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 168,796 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at approximately $33,000. Comerica Bank increased its position in VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after acquiring an additional 799 shares during the period. Finally, Assetmark Inc. bought a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the third quarter valued at $61,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.1%

Shares of UBND opened at $21.69 on Wednesday. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $21.17 and a 12-month high of $22.41. The business has a 50-day simple moving average of $22.03 and a two-hundred day simple moving average of $22.05.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were issued a dividend of $0.0878 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Tuesday, March 10th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.