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

Truist Financial Corp increased its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 73.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 135,733 shares of the company’s stock after acquiring an additional 57,335 shares during the period. Truist Financial Corp owned about 0.33% of VictoryShares Core Intermediate Bond ETF worth $6,367,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in UITB. Klingenstein Fields & Co. LP bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $331,000. CWM LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $34,000. Pathway Financial Advisors LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $4,285,000. Allen Capital Group LLC grew its position in 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 worth $20,711,000 after purchasing an additional 12,189 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in VictoryShares Core Intermediate Bond ETF in the 4th quarter worth approximately $429,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.5 %

NASDAQ:UITB opened at $45.74 on Friday. VictoryShares Core Intermediate Bond ETF has a 12 month low of $43.14 and a 12 month high of $47.35. The company has a 50 day simple moving average of $45.86 and a two-hundred day simple moving average of $45.79.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a dividend of $0.1561 per share. This represents a $1.87 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Thursday, April 11th.

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.