Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Drops By 35.5%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 66,555 shares, a decrease of 35.5% from the June 30th total of 103,116 shares. Based on an average daily volume of 546,239 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of VictoryShares Core Plus Intermediate Bond ETF stock opened at $21.43 on Friday. The firm has a 50 day simple moving average of $21.61 and a 200 day simple moving average of $21.80. VictoryShares Core Plus Intermediate Bond ETF has a fifty-two week low of $21.36 and a fifty-two week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.0906 dividend. The ex-dividend date of this dividend was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Large investors have recently made changes to their positions in the company. Comerica Bank lifted its holdings 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 buying an additional 770 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter valued at $26,000. Global Retirement Partners LLC bought a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter valued at $33,000. Finally, Integrated Investment Consultants LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.0% in the 4th quarter. Integrated Investment Consultants LLC now owns 39,596 shares of the company’s stock valued at $871,000 after purchasing an additional 2,257 shares during the period.

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.