VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Plans Dividend Increase – $0.19 Per Share

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Wednesday, October 7th. Investors of record on Thursday, October 8th will be paid a dividend of $0.1861 per share on Friday, October 9th. This represents a $2.23 annualized dividend and a yield of 5.0%. The ex-dividend date is Thursday, October 8th. This is a 12.3% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657.

VictoryShares Core Intermediate Bond ETF Stock Up 0.0%

Shares of UITB stock opened at $44.74 on Thursday. The stock’s fifty day simple moving average is $45.69 and its 200 day simple moving average is $46.37. VictoryShares Core Intermediate Bond ETF has a one year low of $44.51 and a one year high of $48.06.

About VictoryShares Core Intermediate Bond ETF

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.