VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Down 19.0% in November

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant 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 Trading Up 0.4 %

VictoryShares Core Intermediate Bond ETF stock opened at $46.98 on Monday. The business’s 50-day simple moving average is $47.00 and its 200 day simple moving average is $46.88. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.00 and a 12-month high of $48.31.

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 given a dividend of $0.1594 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.91 annualized dividend and a dividend yield of 4.07%.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. United Services Automobile Association grew its holdings in VictoryShares Core Intermediate Bond ETF by 4.9% during the 2nd quarter. United Services Automobile Association now owns 2,305,226 shares of the company’s stock worth $106,063,000 after acquiring an additional 108,558 shares during the period. Bogart Wealth LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 1.6% in the 3rd quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock worth $61,644,000 after purchasing an additional 19,837 shares during the last quarter. Riversedge Advisors LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 22.5% during the third quarter. Riversedge Advisors LLC now owns 665,386 shares of the company’s stock worth $31,892,000 after purchasing an additional 122,109 shares during the period. Allen Capital Group LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 6.0% in the third quarter. Allen Capital Group LLC now owns 511,288 shares of the company’s stock valued at $24,506,000 after purchasing an additional 29,051 shares during the last quarter. Finally, Alliance Wealth Advisors LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 8.8% in the third quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock valued at $23,727,000 after buying an additional 39,917 shares during the period.

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.