VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 49,500 shares, a decrease of 19.0% from the October 31st total of 61,100 shares. Based on an average trading volume of 164,600 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of VictoryShares Core Intermediate Bond ETF stock traded up $0.18 during trading on Friday, reaching $46.98. 37,949 shares of the company’s stock were exchanged, compared to its average volume of 142,053. VictoryShares Core Intermediate Bond ETF has a 1-year low of $45.00 and a 1-year high of $48.31. The firm’s 50-day moving average price is $47.00 and its 200 day moving average price is $46.87.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.1594 per share. The ex-dividend date was Thursday, November 7th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.07%. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors have recently modified their holdings of UITB. MBL Wealth LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth $20,609,000. Cetera Investment Advisers acquired a new position in VictoryShares Core Intermediate Bond ETF in the 1st quarter worth about $15,418,000. Bank of Montreal Can acquired a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth about $11,423,000. Financial Services Advisory Inc increased its holdings in VictoryShares Core Intermediate Bond ETF by 909.1% in the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock worth $10,171,000 after purchasing an additional 191,182 shares in the last quarter. Finally, Newman Dignan & Sheerar Inc. increased its holdings in VictoryShares Core Intermediate Bond ETF by 221.2% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 262,267 shares of the company’s stock worth $12,067,000 after purchasing an additional 180,614 shares in the last quarter.

About VictoryShares Core Intermediate Bond ETF

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.