VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 47,386 shares, a drop of 74.3% from the July 30th total of 184,313 shares. Based on an average daily trading volume, of 130,020 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of NASDAQ:UITB traded down $0.11 during midday trading on Friday, hitting $46.16. The company’s stock had a trading volume of 46,568 shares, compared to its average volume of 167,627. The business’s 50 day simple moving average is $46.39 and its 200 day simple moving average is $46.82. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.97 and a 12-month high of $48.06.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a $0.1612 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several large investors have recently bought and sold shares of UITB. Keystone Financial Group increased its holdings in VictoryShares Core Intermediate Bond ETF by 3.0% in the third quarter. Keystone Financial Group now owns 9,925 shares of the company’s stock valued at $472,000 after buying an additional 291 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in VictoryShares Core Intermediate Bond ETF by 0.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 47,248 shares of the company’s stock valued at $2,245,000 after purchasing an additional 301 shares in the last quarter. Private Advisor Group LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 0.3% in the third quarter. Private Advisor Group LLC now owns 90,285 shares of the company’s stock valued at $4,290,000 after purchasing an additional 301 shares during the last quarter. Betterment LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 5.3% during the 4th quarter. Betterment LLC now owns 6,312 shares of the company’s stock worth $299,000 after buying an additional 318 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 37,882 shares of the company’s stock valued at $1,800,000 after buying an additional 319 shares in the last quarter.

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.