SpiderRock Advisors LLC Boosts Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

SpiderRock Advisors LLC increased its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 18.3% in the 3rd quarter, Holdings Channel reports. The fund owned 20,330 shares of the company’s stock after buying an additional 3,150 shares during the quarter. SpiderRock Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $974,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Services Automobile Association lifted its stake in VictoryShares Core Intermediate Bond ETF by 4.9% during the second quarter. United Services Automobile Association now owns 2,305,226 shares of the company’s stock worth $106,063,000 after purchasing an additional 108,558 shares during the last quarter. Bogart Wealth LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 1.6% in the 3rd quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock worth $61,644,000 after buying an additional 19,837 shares during the last quarter. Riversedge Advisors LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 22.5% in the third quarter. Riversedge Advisors LLC now owns 665,386 shares of the company’s stock worth $31,892,000 after buying an additional 122,109 shares in the last quarter. Alliance Wealth Advisors LLC grew its position in VictoryShares Core Intermediate Bond ETF by 8.8% during the third quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock valued at $23,727,000 after acquiring an additional 39,917 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 3.5% during the first quarter. Osaic Holdings Inc. now owns 478,097 shares of the company’s stock worth $22,179,000 after acquiring an additional 16,001 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB opened at $46.65 on Monday. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $44.17 and a fifty-two week high of $48.31. The firm has a 50 day moving average price of $47.47 and a 200-day moving average price of $46.77.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a dividend of $0.1594 per share. This represents a $1.91 annualized dividend and a yield of 4.10%. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Thursday, November 7th.

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.