VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Plans Dividend Increase – $0.18 Per Share
by Kim Johansen · The Markets DailyVictoryShares Core Intermediate Bond ETF (NASDAQ:UITB – Get Free Report) announced a monthly dividend on Wednesday, April 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 9th will be given a dividend of 0.1793 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, April 9th. This is a 10.9% increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.
VictoryShares Core Intermediate Bond ETF Stock Performance
Shares of UITB traded down $0.18 during trading hours on Thursday, hitting $47.02. 73,455 shares of the company were exchanged, compared to its average volume of 211,750. The firm has a fifty day simple moving average of $47.37 and a 200-day simple moving average of $47.47. VictoryShares Core Intermediate Bond ETF has a one year low of $45.60 and a one year high of $48.06.
Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF
Several large investors have recently modified their holdings of UITB. Calamos Wealth Management LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth $47,691,000. Orion Porfolio Solutions LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 5,030.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock worth $32,978,000 after acquiring an additional 686,954 shares in the last quarter. Greenup Street Wealth Management LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth $21,013,000. Blue Water Asset Management bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth $19,596,000. Finally, Crusonia Wealth Advisors LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth $16,355,000.
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.