VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sets New 1-Year Low – Here’s Why

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND)’s share price hit a new 52-week low on Tuesday . The company traded as low as $21.33 and last traded at $21.34, with a volume of 2574 shares traded. The stock had previously closed at $21.36.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The stock has a 50-day moving average price of $21.49 and a 200 day moving average price of $21.69.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a dividend of $0.0819 per share. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of UBND. Comerica Bank raised its position in VictoryShares Core Plus Intermediate Bond ETF by 27.6% in the fourth quarter. Comerica Bank now owns 3,555 shares of the company’s stock valued at $78,000 after purchasing an additional 770 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth $25,000. Global Retirement Partners LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth $33,000. Integrated Investment Consultants LLC increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.0% during the 4th quarter. Integrated Investment Consultants LLC now owns 39,596 shares of the company’s stock worth $871,000 after purchasing an additional 2,257 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter worth about $54,000.

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.