Smith Thornton Advisors LLC Invests $6.04 Million in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Smith Thornton Advisors LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 131,352 shares of the company’s stock, valued at approximately $6,043,000. VictoryShares Core Intermediate Bond ETF makes up 4.5% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its biggest position.

Other large investors have also added to or reduced their stakes in the company. United Services Automobile Association increased its holdings in VictoryShares Core Intermediate Bond ETF by 4.9% in the 2nd quarter. United Services Automobile Association now owns 2,305,226 shares of the company’s stock valued at $106,063,000 after buying an additional 108,558 shares during the period. Bogart Wealth LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 153.6% in the first quarter. Bogart Wealth LLC now owns 1,250,229 shares of the company’s stock valued at $57,986,000 after acquiring an additional 757,323 shares during the last quarter. Osaic Holdings Inc. raised its position in 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 valued at $22,179,000 after purchasing an additional 16,001 shares in the last quarter. Alliance Wealth Advisors LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 1.3% during the second quarter. Alliance Wealth Advisors LLC now owns 455,115 shares of the company’s stock worth $20,940,000 after purchasing an additional 5,786 shares during the last quarter. Finally, MBL Wealth LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at $20,609,000.

VictoryShares Core Intermediate Bond ETF Price Performance

VictoryShares Core Intermediate Bond ETF stock opened at $47.95 on Friday. VictoryShares Core Intermediate Bond ETF has a 52 week low of $43.14 and a 52 week high of $48.31. The stock has a fifty day moving average of $47.50 and a 200-day moving average of $46.49.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were paid a dividend of $0.164 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Wednesday, September 11th. This represents a $1.97 annualized dividend and a yield of 4.10%.

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.