Truist Financial Corp Boosts Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Truist Financial Corp raised its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,787 shares of the company’s stock after buying an additional 5,326 shares during the quarter. Truist Financial Corp owned about 0.43% of VictoryShares Core Intermediate Bond ETF worth $9,054,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Cetera Investment Advisers bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the first quarter valued at $15,418,000. Private Advisor Group LLC raised its holdings in VictoryShares Core Intermediate Bond ETF by 77.1% in the first quarter. Private Advisor Group LLC now owns 51,975 shares of the company’s stock worth $2,411,000 after buying an additional 22,625 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in VictoryShares Core Intermediate Bond ETF by 5.1% in the second quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock worth $2,583,000 after buying an additional 2,729 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 31.3% in the first quarter. AdvisorNet Financial Inc now owns 93,123 shares of the company’s stock worth $4,319,000 after buying an additional 22,194 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 11.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 352,289 shares of the company’s stock valued at $16,209,000 after buying an additional 35,772 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB opened at $47.51 on Friday. VictoryShares Core Intermediate Bond ETF has a twelve month low of $43.14 and a twelve month high of $48.31. The firm has a 50 day moving average of $47.71 and a 200 day moving average of $46.58.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were paid a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.97 annualized dividend and a dividend yield of 4.14%. This is a boost 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.