Brookstone Capital Management Sells 388 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Brookstone Capital Management lowered its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,011 shares of the company’s stock after selling 388 shares during the quarter. Brookstone Capital Management’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital Analysts LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the first quarter worth approximately $50,000. PNC Financial Services Group Inc. purchased a new stake in VictoryShares Core Intermediate Bond ETF during the first quarter worth $73,000. Private Trust Co. NA purchased a new stake in VictoryShares Core Intermediate Bond ETF during the second quarter worth $137,000. Farther Finance Advisors LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the second quarter worth $169,000. Finally, Fifth Third Bancorp lifted its holdings in VictoryShares Core Intermediate Bond ETF by 73.1% during the second quarter. Fifth Third Bancorp now owns 4,085 shares of the company’s stock worth $192,000 after buying an additional 1,725 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

VictoryShares Core Intermediate Bond ETF stock opened at $47.87 on Friday. The business has a fifty day moving average of $47.50 and a two-hundred day moving average of $46.90. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.37 and a twelve month high of $47.97.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were issued a dividend of $0.1705 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Thursday, October 9th.

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.