Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Declines By 74.3%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 47,386 shares, a drop of 74.3% from the July 30th total of 184,313 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 130,020 shares, the short-interest ratio is currently 0.4 days.

VictoryShares Core Intermediate Bond ETF Trading Down 0.0%

NASDAQ UITB traded down $0.01 during trading hours on Thursday, hitting $46.27. 111,869 shares of the company were exchanged, compared to its average volume of 168,356. VictoryShares Core Intermediate Bond ETF has a 52 week low of $45.97 and a 52 week high of $48.06. The stock has a 50-day moving average price of $46.40 and a 200 day moving average price of $46.83.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.1612 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of UITB. Victory Capital Management Inc. boosted its stake in VictoryShares Core Intermediate Bond ETF by 0.8% during the fourth quarter. Victory Capital Management Inc. now owns 14,850,508 shares of the company’s stock worth $703,241,000 after buying an additional 123,363 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,620,717 shares of the company’s stock valued at $266,167,000 after acquiring an additional 25,861 shares during the period. LPL Financial LLC lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 2,146,635 shares of the company’s stock worth $101,653,000 after acquiring an additional 203,071 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 3.6% in the 1st quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock worth $96,890,000 after acquiring an additional 70,918 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 8.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,755,500 shares of the company’s stock worth $83,131,000 after purchasing an additional 129,423 shares during the period.

VictoryShares Core Intermediate Bond ETF Company Profile

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.