VictoryShares Core Intermediate Bond ETF $UITB Shares Newly Bought by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 336,374 shares of the company’s stock, valued at approximately $15,017,000. VictoryShares Core Intermediate Bond ETF makes up about 2.9% of Newman Dignan & Sheerar Inc.’s portfolio, making the stock its 7th largest position.

Several other institutional investors have also made changes to their positions in UITB. Oath Planning LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 24.2% in the third quarter. Oath Planning LLC now owns 419,333 shares of the company’s stock worth $18,720,000 after buying an additional 81,655 shares during the last quarter. Tenet Wealth Partners LLC raised its position in VictoryShares Core Intermediate Bond ETF by 7.1% during the third quarter. Tenet Wealth Partners LLC now owns 27,566 shares of the company’s stock valued at $1,231,000 after acquiring an additional 1,818 shares in the last quarter. Optivise Advisory Services LLC raised its position in VictoryShares Core Intermediate Bond ETF by 1.2% during the third quarter. Optivise Advisory Services LLC now owns 38,310 shares of the company’s stock valued at $1,710,000 after acquiring an additional 460 shares in the last quarter. Smith Thornton Advisors LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 4.0% in the third quarter. Smith Thornton Advisors LLC now owns 158,870 shares of the company’s stock valued at $7,092,000 after acquiring an additional 6,146 shares during the last quarter. Finally, Eagle Strategies LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF in the third quarter valued at approximately $254,000.

VictoryShares Core Intermediate Bond ETF Trading Up 0.2%

NASDAQ UITB opened at $44.97 on Wednesday. VictoryShares Core Intermediate Bond ETF has a 12-month low of $44.48 and a 12-month high of $48.06. The company has a 50 day moving average price of $45.45 and a two-hundred day moving average price of $46.24.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a dividend of $0.1861 per share. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. The ex-dividend date was Thursday, October 8th. This represents a $2.23 annualized dividend and a dividend yield of 5.0%.

VictoryShares Core Intermediate Bond ETF 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.