Victory Capital Management Inc. Has $876.48 Million Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Victory Capital Management Inc. reduced its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 0.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,286,734 shares of the company’s stock after selling 46,145 shares during the quarter. VictoryShares Core Intermediate Bond ETF accounts for approximately 0.8% of Victory Capital Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Victory Capital Management Inc. owned approximately 0.37% of VictoryShares Core Intermediate Bond ETF worth $876,483,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 4.4% in the first quarter. Janney Montgomery Scott LLC now owns 7,670 shares of the company’s stock valued at $356,000 after buying an additional 320 shares in the last quarter. Osaic Holdings Inc. boosted its position in VictoryShares Core Intermediate Bond ETF by 3.5% during the first quarter. Osaic Holdings Inc. now owns 478,097 shares of the company’s stock worth $22,179,000 after acquiring an additional 16,001 shares during the last quarter. Jane Street Group LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 2,119.6% during the first quarter. Jane Street Group LLC now owns 115,995 shares of the company’s stock worth $5,380,000 after buying an additional 110,769 shares during the last quarter. Cetera Investment Advisers acquired a new stake in VictoryShares Core Intermediate Bond ETF during the first quarter worth about $15,418,000. Finally, Cetera Advisors LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 754.4% during the 1st quarter. Cetera Advisors LLC now owns 37,236 shares of the company’s stock valued at $1,727,000 after buying an additional 32,878 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Down 0.3 %

VictoryShares Core Intermediate Bond ETF stock traded down $0.15 during trading on Tuesday, hitting $46.42. The company had a trading volume of 17,733 shares, compared to its average volume of 139,579. VictoryShares Core Intermediate Bond ETF has a 1-year low of $44.17 and a 1-year high of $48.31. The company’s 50 day simple moving average is $47.45 and its 200-day simple moving average is $46.80.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued a dividend of $0.1594 per share. This represents a $1.91 dividend on an annualized basis and a yield of 4.12%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Thursday, November 7th.

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.