VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sets New 12-Month Low – Here’s What Happened

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) reached a new 52-week low on Tuesday . The stock traded as low as $45.26 and last traded at $45.33, with a volume of 253648 shares. The stock had previously closed at $45.35.

VictoryShares Core Intermediate Bond ETF Stock Down 0.0%

The company has a 50 day moving average price of $46.09 and a 200-day moving average price of $46.63.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were given a $0.1657 dividend. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Wednesday, September 9th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 46.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after purchasing an additional 506 shares in the last quarter. Western Wealth Management LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at approximately $81,000. Ameritas Advisory Services LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at approximately $277,000. Global Retirement Partners LLC boosted its position in VictoryShares Core Intermediate Bond ETF by 9.9% in the fourth quarter. Global Retirement Partners LLC now owns 6,168 shares of the company’s stock valued at $292,000 after buying an additional 554 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter worth $65,000.

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.