Horan Capital Advisors LLC. Raises Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Horan Capital Advisors LLC. raised its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 57.6% during the fourth quarter, Holdings Channel reports. The fund owned 335,231 shares of the company’s stock after buying an additional 122,584 shares during the period. VictoryShares Core Intermediate Bond ETF comprises about 5.2% of Horan Capital Advisors LLC.’s investment portfolio, making the stock its 3rd biggest position. Horan Capital Advisors LLC.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $15,407,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Planning Directions Inc. boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 29.7% during the fourth quarter. Planning Directions Inc. now owns 216,995 shares of the company’s stock valued at $9,973,000 after purchasing an additional 49,673 shares during the period. NewEdge Wealth LLC lifted its stake in VictoryShares Core Intermediate Bond ETF by 1.1% in the fourth quarter. NewEdge Wealth LLC now owns 43,169 shares of the company’s stock worth $1,984,000 after acquiring an additional 470 shares during the period. Fjell Capital LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $4,246,000. Pine Valley Investments Ltd Liability Co lifted its stake in VictoryShares Core Intermediate Bond ETF by 87.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 278,998 shares of the company’s stock worth $12,823,000 after acquiring an additional 129,887 shares during the period. Finally, Sigma Planning Corp lifted its stake in VictoryShares Core Intermediate Bond ETF by 34.6% in the fourth quarter. Sigma Planning Corp now owns 19,847 shares of the company’s stock worth $912,000 after acquiring an additional 5,103 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2 %

Shares of UITB stock opened at $47.18 on Tuesday. The stock has a fifty day moving average of $46.12 and a 200 day moving average of $46.80. VictoryShares Core Intermediate Bond ETF has a 52 week low of $45.00 and a 52 week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1528 dividend. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, February 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.