VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) is Smith Thornton Advisors LLC’s Largest Position

Smith Thornton Advisors LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,689 shares of the company’s stock after buying an additional 598 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up 3.9% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its largest position. Smith Thornton Advisors LLC owned about 0.26% of VictoryShares Core Intermediate Bond ETF worth $6,236,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of UITB. Bogart Wealth LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 1.6% in the third quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock worth $61,644,000 after acquiring an additional 19,837 shares during the last quarter. Riversedge Advisors LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 22.5% in the third quarter. Riversedge Advisors LLC now owns 665,386 shares of the company’s stock worth $31,892,000 after acquiring an additional 122,109 shares during the last quarter. Allen Capital Group LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 6.0% in the third quarter. Allen Capital Group LLC now owns 511,288 shares of the company’s stock worth $24,506,000 after acquiring an additional 29,051 shares during the last quarter. Alliance Wealth Advisors LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 8.8% in the third quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock worth $23,727,000 after acquiring an additional 39,917 shares during the last quarter. Finally, Allworth Financial LP boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 6.5% in the third quarter. Allworth Financial LP now owns 448,445 shares of the company’s stock worth $21,494,000 after acquiring an additional 27,238 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB opened at $45.68 on Thursday. The company’s 50 day simple moving average is $46.29 and its 200 day simple moving average is $46.90. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were given a $0.0299 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

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.