Mercer Global Advisors Inc. ADV Raises Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Mercer Global Advisors Inc. ADV lifted its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 103.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,342 shares of the company’s stock after acquiring an additional 9,824 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in VictoryShares Core Intermediate Bond ETF were worth $889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $35,994,000. LPL Financial LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 108.3% during the fourth quarter. LPL Financial LLC now owns 1,253,462 shares of the company’s stock worth $57,609,000 after buying an additional 651,567 shares during the period. Bogart Wealth LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 36.9% in the fourth quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock valued at $80,901,000 after acquiring an additional 474,119 shares in the last quarter. Wells Fargo & Company MN lifted its stake in VictoryShares Core Intermediate Bond ETF by 184.2% in the fourth quarter. Wells Fargo & Company MN now owns 498,140 shares of the company’s stock worth $22,895,000 after acquiring an additional 322,876 shares during the last quarter. Finally, Sargent Investment Group LLC grew its holdings in VictoryShares Core Intermediate Bond ETF by 98.9% during the 4th quarter. Sargent Investment Group LLC now owns 271,886 shares of the company’s stock worth $12,346,000 after acquiring an additional 135,165 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB opened at $46.34 on Friday. The firm’s fifty day simple moving average is $46.65 and its 200-day simple moving average is $46.45. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.37 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, May 8th were paid a $0.1464 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend was Thursday, May 8th.

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.