VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 99,000 shares, a growth of 242.6% from the August 31st total of 28,900 shares. Based on an average trading volume of 137,200 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 4.4% during the first quarter. Janney Montgomery Scott LLC now owns 7,670 shares of the company’s stock worth $356,000 after acquiring an additional 320 shares in the last quarter. Morton Brown Family Wealth LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth approximately $30,000. MV Capital Management Inc. purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF in the first quarter worth approximately $39,000. Private Advisor Group LLC lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 1.9% in the second quarter. Private Advisor Group LLC now owns 52,967 shares of the company’s stock valued at $2,437,000 after purchasing an additional 992 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 51,907 shares of the company’s stock valued at $2,388,000 after buying an additional 1,691 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB stock traded up $0.10 on Friday, reaching $48.05. 282,110 shares of the company were exchanged, compared to its average volume of 137,166. The company has a 50-day moving average of $47.53 and a 200-day moving average of $46.50. VictoryShares Core Intermediate Bond ETF has a one year low of $43.14 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were issued a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.97 annualized dividend and a yield of 4.10%. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.14.

VictoryShares Core Intermediate Bond ETF Company 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.