Goldstein Advisors LLC Cuts Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Goldstein Advisors LLC reduced its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 19.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 9,664 shares of the company’s stock after selling 2,388 shares during the period. Goldstein Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $463,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers bought a new stake in VictoryShares Core Intermediate Bond ETF in the 1st quarter valued at about $15,418,000. Private Advisor Group LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 77.1% in the 1st quarter. Private Advisor Group LLC now owns 51,975 shares of the company’s stock valued at $2,411,000 after acquiring an additional 22,625 shares during the period. 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 acquiring an additional 2,729 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in VictoryShares Core Intermediate Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 352,289 shares of the company’s stock valued at $16,209,000 after acquiring an additional 35,772 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 58.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 14,215 shares of the company’s stock valued at $654,000 after acquiring an additional 5,244 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of VictoryShares Core Intermediate Bond ETF stock opened at $46.79 on Friday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $43.56 and a 52-week high of $48.31. The stock’s 50-day simple moving average is $47.66 and its 200 day simple moving average is $46.68.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.1233 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Tuesday, October 8th.

VictoryShares Core Intermediate Bond ETF 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.