VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Strong Trading Volume – What’s Next?

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) shares saw an uptick in trading volume on Thursday . 1,878,350 shares were traded during trading, an increase of 1,317% from the previous session’s volume of 132,566 shares.The stock last traded at $21.52 and had previously closed at $21.47.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.0%

The company’s fifty day moving average price is $21.57 and its 200-day moving average price is $21.56.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 9th. Investors of record on Thursday, May 8th were issued a $0.0799 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.96 annualized dividend and a yield of 4.45%.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Retirement Planning Group LLC increased its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 110.7% in the fourth quarter. Retirement Planning Group LLC now owns 3,717,144 shares of the company’s stock worth $79,435,000 after acquiring an additional 1,952,627 shares during the period. Annex Advisory Services LLC boosted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 32.1% in the first quarter. Annex Advisory Services LLC now owns 3,871,944 shares of the company’s stock valued at $84,408,000 after purchasing an additional 941,798 shares during the last quarter. 1900 Wealth Management LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 18.2% during the 1st quarter. 1900 Wealth Management LLC now owns 4,073,845 shares of the company’s stock worth $88,810,000 after purchasing an additional 628,594 shares during the period. Victory Capital Management Inc. raised its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 5.3% during the 4th quarter. Victory Capital Management Inc. now owns 10,516,523 shares of the company’s stock valued at $224,738,000 after buying an additional 528,522 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter valued at about $4,842,000.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.