VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Strong Trading Volume After Dividend Announcement

Posted by Tyrone Williams on Feb 8th, 2025

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB – Get Free Report) saw unusually-strong trading volume on Thursday after the company announced a dividend. Approximately 457,752 shares changed hands during mid-day trading, an increase of 66% from the previous session’s volume of 275,826 shares.The stock last traded at $46.52 and had previously closed at $46.56.

The newly announced dividend which will be paid on Monday, February 10th. Investors of record on Friday, February 7th will be given 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 is Friday, February 7th.

VictoryShares Core Intermediate Bond ETF Price Performance

The company’s 50 day simple moving average is $46.17 and its 200-day simple moving average is $46.87.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $34,000. Fifth Third Bancorp grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 116.5% in the fourth quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock worth $108,000 after purchasing an additional 1,270 shares during the last quarter. Fortune Financial Advisors LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth about $212,000. Ameritas Advisory Services LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $246,000. Finally, Perigon Wealth Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $246,000.

About VictoryShares Core Intermediate Bond ETF

(Get Free Report)

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.