VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stake Boosted by Raymond James & Associates

Raymond James & Associates grew its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 91.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 337,094 shares of the company’s stock after purchasing an additional 161,474 shares during the quarter. Raymond James & Associates’ holdings in VictoryShares Core Intermediate Bond ETF were worth $16,157,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in UITB. MBL Wealth LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at approximately $20,609,000. Cetera Investment Advisers bought a new position in VictoryShares Core Intermediate Bond ETF in the 1st quarter worth approximately $15,418,000. Bank of Montreal Can bought a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth approximately $11,423,000. Horan Capital Advisors LLC. bought a new position in VictoryShares Core Intermediate Bond ETF in the 1st quarter worth approximately $9,204,000. Finally, Newman Dignan & Sheerar Inc. grew 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 buying an additional 180,614 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB stock opened at $46.79 on Friday. VictoryShares Core Intermediate Bond ETF has a 12-month low of $43.56 and a 12-month high of $48.31. The business has a 50 day simple moving average of $47.66 and a 200 day simple moving average of $46.68.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a $0.1233 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date was Tuesday, October 8th.

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.