VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Up 126.7% in May

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 219,784 shares, an increase of 126.7% from the May 14th total of 96,947 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 261,118 shares, the short-interest ratio is currently 0.8 days.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

UBND opened at $21.63 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $21.39 and a 12 month high of $22.41. The business has a 50 day simple moving average of $21.71 and a 200-day simple moving average of $21.90.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were given a $0.0834 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) annualized dividend and a yield of 4.6%.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Several institutional investors have recently made changes to their positions in UBND. Victory Capital Management Inc. grew its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the 4th quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock worth $447,896,000 after purchasing an additional 4,800,062 shares during the period. Osaic Holdings Inc. lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 557.4% in the fourth quarter. Osaic Holdings Inc. now owns 1,963,869 shares of the company’s stock valued at $43,215,000 after purchasing an additional 1,665,135 shares during the period. Retirement Planning Group LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after purchasing an additional 853,671 shares during the period. Corient Private Wealth LLC boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 168.1% during the second quarter. Corient Private Wealth LLC now owns 836,066 shares of the company’s stock worth $18,268,000 after buying an additional 524,257 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 3.0% during the fourth quarter. Annex Advisory Services LLC now owns 16,978,957 shares of the company’s stock worth $373,537,000 after buying an additional 491,114 shares in the last quarter.

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.