VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stake Increased by Atlantic Edge Private Wealth Management LLC

Atlantic Edge Private Wealth Management LLC raised its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 252,423 shares of the company’s stock after purchasing an additional 5,859 shares during the period. VictoryShares Core Intermediate Bond ETF makes up 3.6% of Atlantic Edge Private Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Atlantic Edge Private Wealth Management LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $11,601,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UITB. Fifth Third Bancorp increased its holdings in VictoryShares Core Intermediate Bond ETF by 116.5% during the fourth quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock valued at $108,000 after buying an additional 1,270 shares during the period. Janney Montgomery Scott LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 299.7% during the third quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock valued at $1,310,000 after buying an additional 20,498 shares during the period. Thrivent Financial for Lutherans boosted its stake in VictoryShares Core Intermediate Bond ETF by 96.2% in the third quarter. Thrivent Financial for Lutherans now owns 28,995 shares of the company’s stock valued at $1,390,000 after acquiring an additional 14,216 shares in the last quarter. Alliance Wealth Advisors LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 8.8% in the third quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock valued at $23,727,000 after acquiring an additional 39,917 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in VictoryShares Core Intermediate Bond ETF by 91.9% in the third quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock valued at $16,157,000 after acquiring an additional 161,474 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB opened at $46.18 on Tuesday. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.00 and a twelve month high of $48.31. The company has a 50 day moving average of $46.16 and a two-hundred day moving average of $46.88.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.1528 per share. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

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.