Cahaba Wealth Management Inc. Increases Holdings in VictoryShares Core Plus Intermediate Bond ETF $UBND

Cahaba Wealth Management Inc. boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 31,968.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,643,465 shares of the company’s stock after purchasing an additional 7,619,630 shares during the period. VictoryShares Core Plus Intermediate Bond ETF comprises approximately 12.2% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Cahaba Wealth Management Inc. owned 0.12% of VictoryShares Core Plus Intermediate Bond ETF worth $168,538,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Comerica Bank increased its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the 1st quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after purchasing an additional 799 shares during the last quarter. LexAurum Advisors LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 3.7% in the second quarter. LexAurum Advisors LLC now owns 20,531 shares of the company’s stock valued at $449,000 after buying an additional 732 shares in the last quarter. Jane Street Group LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 174.2% in the first quarter. Jane Street Group LLC now owns 35,739 shares of the company’s stock valued at $779,000 after acquiring an additional 22,705 shares during the last quarter. Integrated Investment Consultants LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 2.7% during the second quarter. Integrated Investment Consultants LLC now owns 36,565 shares of the company’s stock worth $799,000 after acquiring an additional 963 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth about $1,695,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

UBND opened at $21.99 on Friday. The company’s 50 day moving average is $22.06 and its 200-day moving average is $21.93. VictoryShares Core Plus Intermediate Bond ETF has a 1-year low of $21.11 and a 1-year high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.1634 dividend. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend was Thursday, December 11th. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.08.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.