Brookstone Capital Management Sells 4,029 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Brookstone Capital Management decreased its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 19.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,935 shares of the company’s stock after selling 4,029 shares during the quarter. Brookstone Capital Management’s holdings in VictoryShares Core Intermediate Bond ETF were worth $785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UITB. LPL Financial LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 11.7% in the third quarter. LPL Financial LLC now owns 107,021 shares of the company’s stock valued at $4,767,000 after acquiring an additional 11,247 shares during the period. Mariner LLC boosted its holdings in VictoryShares Core Intermediate Bond ETF by 94.1% in the 3rd quarter. Mariner LLC now owns 13,252 shares of the company’s stock valued at $590,000 after purchasing an additional 6,424 shares during the period. Daymark Wealth Partners LLC grew its position in VictoryShares Core Intermediate Bond ETF by 205.7% in the 4th quarter. Daymark Wealth Partners LLC now owns 20,785 shares of the company’s stock worth $975,000 after purchasing an additional 13,985 shares during the last quarter. Alliance Wealth Advisors LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 5.1% during the 4th quarter. Alliance Wealth Advisors LLC now owns 409,356 shares of the company’s stock worth $19,203,000 after purchasing an additional 19,958 shares during the period. Finally, Redhawk Wealth Advisors Inc. bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth about $1,268,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.4 %

NASDAQ UITB opened at $46.01 on Friday. VictoryShares Core Intermediate Bond ETF has a twelve month low of $43.14 and a twelve month high of $47.20. The firm has a 50-day simple moving average of $45.87 and a 200 day simple moving average of $46.14.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were issued a dividend of $0.1609 per share. This represents a $1.93 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend was Wednesday, June 12th.

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.