Truist Financial Corp Sells 22,944 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Truist Financial Corp trimmed its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 11.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 183,165 shares of the company’s stock after selling 22,944 shares during the quarter. Truist Financial Corp’s holdings in VictoryShares Core Intermediate Bond ETF were worth $8,704,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Calamos Wealth Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter worth $47,691,000. Orion Porfolio Solutions LLC increased its position in VictoryShares Core Intermediate Bond ETF by 5,030.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock valued at $32,978,000 after acquiring an additional 686,954 shares during the period. HORAN Wealth LLC bought a new position in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth $16,381,000. Cetera Investment Advisers raised its position in shares of VictoryShares Core Intermediate Bond ETF by 40.2% during the second quarter. Cetera Investment Advisers now owns 898,532 shares of the company’s stock worth $42,294,000 after acquiring an additional 257,776 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in VictoryShares Core Intermediate Bond ETF by 26.2% during the 2nd quarter. Bank of America Corp DE now owns 1,108,736 shares of the company’s stock worth $52,188,000 after purchasing an additional 230,144 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Up 0.0%

Shares of UITB opened at $47.41 on Monday. The firm’s fifty day simple moving average is $47.45 and its two-hundred day simple moving average is $47.39. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.60 and a 12 month high of $47.97.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were paid a $0.0309 dividend. The ex-dividend date was Thursday, January 8th. This represents a c) annualized dividend and a dividend yield of 0.8%.

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.