VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Drop in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 15,800 shares, a drop of 64.7% from the January 15th total of 44,700 shares. Based on an average trading volume of 129,800 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds have recently modified their holdings of UBND. Goldstein Advisors LLC lifted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 26.5% during the 3rd quarter. Goldstein Advisors LLC now owns 1,768,493 shares of the company’s stock valued at $39,344,000 after buying an additional 370,502 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after buying an additional 31,317 shares during the period. Annex Advisory Services LLC grew its stake in VictoryShares Core Plus Intermediate Bond ETF by 131.3% in the 4th quarter. Annex Advisory Services LLC now owns 2,930,146 shares of the company’s stock valued at $62,617,000 after buying an additional 1,663,602 shares during the last quarter. LexAurum Advisors LLC raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 2.7% in the 4th quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock worth $424,000 after acquiring an additional 516 shares during the period. Finally, 1900 Wealth Management LLC lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 18.0% during the 4th quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock worth $73,625,000 after acquiring an additional 526,628 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of NASDAQ UBND traded down $0.12 during mid-day trading on Wednesday, reaching $21.36. The company had a trading volume of 4,192 shares, compared to its average volume of 131,596. The stock has a fifty day moving average of $21.46 and a two-hundred day moving average of $21.78. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $20.90 and a 12-month high of $22.43.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were given a $0.0784 dividend. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.01. The ex-dividend date was Friday, February 7th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.