VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Large Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 77,322 shares, an increase of 63.0% from the September 15th total of 47,451 shares. Based on an average trading volume of 897,915 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the third quarter worth about $288,272,000. Goldstein Advisors LLC lifted its holdings in VictoryShares Core Plus Intermediate Bond ETF by 20.4% in the 3rd quarter. Goldstein Advisors LLC now owns 2,197,698 shares of the company’s stock valued at $45,393,000 after acquiring an additional 372,812 shares during the last quarter. Juncture Wealth Strategies LLC bought a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 3rd quarter valued at about $656,000. Envestnet Asset Management Inc. lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 962.5% during the second quarter. Envestnet Asset Management Inc. now owns 225,634 shares of the company’s stock valued at $4,902,000 after purchasing an additional 204,398 shares during the last quarter. Finally, Corient Private Wealth LP lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 22.9% during the second quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock valued at $32,256,000 after purchasing an additional 276,364 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Stock Up 0.6%

NASDAQ:UBND opened at $20.79 on Friday. The stock has a 50 day moving average of $21.09 and a 200-day moving average of $21.46. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $20.53 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.0956 per share. The ex-dividend date was Thursday, October 8th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0859.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.