Elk River Wealth Management LLC Lowers Holdings in VictoryShares Core Plus Intermediate Bond ETF $UBND

Elk River Wealth Management LLC lowered its stake in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 6.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 361,138 shares of the company’s stock after selling 25,758 shares during the quarter. VictoryShares Core Plus Intermediate Bond ETF comprises about 1.3% of Elk River Wealth Management LLC’s holdings, making the stock its 22nd largest position. Elk River Wealth Management LLC owned 0.43% of VictoryShares Core Plus Intermediate Bond ETF worth $7,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth approximately $33,000. Comerica Bank raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 44.4% during the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock worth $57,000 after purchasing an additional 799 shares during the period. Finally, Assetmark Inc. purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth approximately $61,000.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of NASDAQ UBND opened at $21.64 on Tuesday. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.39 and a 52-week high of $22.41. The firm has a fifty day moving average of $21.69 and a 200-day moving average of $21.88.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.0834 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About VictoryShares Core Plus Intermediate Bond ETF

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.