MV Capital Management Inc. Takes $39,000 Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

MV Capital Management Inc. bought a new stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 840 shares of the company’s stock, valued at approximately $39,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. United Services Automobile Association grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 2.3% in the 4th quarter. United Services Automobile Association now owns 2,196,668 shares of the company’s stock valued at $103,046,000 after purchasing an additional 48,925 shares during the period. Orion Portfolio Solutions LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $81,633,000. Bogart Wealth LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 397.0% during the fourth quarter. Bogart Wealth LLC now owns 492,906 shares of the company’s stock worth $23,122,000 after acquiring an additional 393,722 shares in the last quarter. Riversedge Advisors LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at $22,463,000. Finally, Allen Capital Group LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 2.8% in the 4th quarter. Allen Capital Group LLC now owns 441,510 shares of the company’s stock valued at $20,711,000 after purchasing an additional 12,189 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Up 0.3 %

UITB opened at $45.85 on Wednesday. VictoryShares Core Intermediate Bond ETF has a twelve month low of $43.14 and a twelve month high of $47.20. The firm’s 50-day simple moving average is $45.89 and its 200-day simple moving average is $46.12.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, June 12th were given a $0.1609 dividend. The ex-dividend date of this dividend was Wednesday, June 12th. This represents a $1.93 dividend on an annualized basis and a yield of 4.21%.

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.