VictoryShares Core Intermediate Bond ETF $UITB Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 49.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,201 shares of the company’s stock after selling 18,681 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $909,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Royal Bank of Canada raised its position in shares of VictoryShares Core Intermediate Bond ETF by 6.8% during the first quarter. Royal Bank of Canada now owns 160,514 shares of the company’s stock worth $7,535,000 after purchasing an additional 10,286 shares during the period. AQR Capital Management LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at $333,000. JPMorgan Chase & Co. boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 136,331 shares of the company’s stock valued at $6,417,000 after purchasing an additional 2,648 shares during the period. Raymond James Financial Inc. increased its stake in VictoryShares Core Intermediate Bond ETF by 6.2% in the 2nd quarter. Raymond James Financial Inc. now owns 993,575 shares of the company’s stock worth $46,768,000 after purchasing an additional 58,257 shares in 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 buying an additional 230,144 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ UITB opened at $46.92 on Friday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.89 and a 1 year high of $48.06. The stock’s 50-day moving average price is $47.21 and its two-hundred day moving average price is $47.42.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were issued a dividend of $0.1793 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, April 9th.

VictoryShares Core Intermediate Bond ETF Company 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.