VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – What’s Next?

Shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw unusually-strong trading volume on Tuesday. Approximately 373,583 shares were traded during trading, an increase of 20% from the previous session’s volume of 311,481 shares. The stock last traded at $20.68 and had previously closed at $20.66.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

The stock’s fifty day simple moving average is $21.14 and its 200 day simple moving average is $21.48.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a $0.0956 dividend. The ex-dividend date was Thursday, October 8th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0859.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UBND. Juncture Wealth Strategies LLC acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 3rd quarter worth about $656,000. Envestnet Asset Management Inc. lifted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 962.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 225,634 shares of the company’s stock worth $4,902,000 after buying an additional 204,398 shares in the last quarter. Corient Private Wealth LP grew its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% during the second quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock worth $32,256,000 after purchasing an additional 276,364 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the 2nd quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after purchasing an additional 1,223,743 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the 1st quarter valued at $1,499,000.

About VictoryShares Core Plus Intermediate Bond ETF

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.