VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Shares Acquired by Smith Thornton Advisors LLC

Smith Thornton Advisors LLC increased its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.8% during the 3rd quarter, Holdings Channel reports. The fund owned 135,091 shares of the company’s stock after purchasing an additional 3,739 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up approximately 4.3% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its biggest position. Smith Thornton Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $6,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UITB. Financial Services Advisory Inc raised its stake in VictoryShares Core Intermediate Bond ETF by 909.1% in the third quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock valued at $10,171,000 after buying an additional 191,182 shares in the last quarter. James J. Burns & Company LLC grew its position in shares of VictoryShares Core Intermediate Bond ETF by 0.8% in the 3rd quarter. James J. Burns & Company LLC now owns 70,060 shares of the company’s stock valued at $3,358,000 after buying an additional 546 shares during the last quarter. Klingenstein Fields & Co. LP raised its stake in VictoryShares Core Intermediate Bond ETF by 5.7% during the 3rd quarter. Klingenstein Fields & Co. LP now owns 11,179 shares of the company’s stock worth $536,000 after acquiring an additional 601 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 299.7% in the third quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock valued at $1,310,000 after acquiring an additional 20,498 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the third quarter valued at $292,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.7 %

Shares of UITB stock opened at $46.58 on Friday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $44.17 and a 1 year high of $48.31. The stock’s 50-day moving average is $47.48 and its two-hundred day moving average is $46.75.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, November 7th will be given a $0.1594 dividend. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date is Thursday, November 7th. This represents a $1.91 annualized dividend and a yield of 4.11%.

VictoryShares Core Intermediate Bond ETF Profile

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.