VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Shares Purchased by Brookstone Capital Management

Brookstone Capital Management boosted its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 13.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,358 shares of the company’s stock after acquiring an additional 2,471 shares during the period. Brookstone Capital Management’s holdings in VictoryShares Core Intermediate Bond ETF were worth $936,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in VictoryShares Core Intermediate Bond ETF by 5.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock valued at $2,583,000 after purchasing an additional 2,729 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the second quarter worth about $680,000. Bank of Montreal Can acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the second quarter valued at approximately $11,423,000. Daymark Wealth Partners LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 5.7% in the second quarter. Daymark Wealth Partners LLC now owns 36,019 shares of the company’s stock valued at $1,657,000 after buying an additional 1,951 shares during the last quarter. Finally, Smith Thornton Advisors LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at approximately $6,043,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.4 %

UITB stock opened at $45.87 on Friday. The company has a 50 day moving average price of $46.27 and a two-hundred day moving average price of $46.89. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a $0.0299 dividend. The ex-dividend date was Wednesday, January 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.