Fifth Third Bancorp Increases Stock Holdings in VictoryShares Core Intermediate Bond ETF $UITB

Fifth Third Bancorp raised its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 609.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,758 shares of the company’s stock after buying an additional 33,298 shares during the quarter. Fifth Third Bancorp owned about 0.07% of VictoryShares Core Intermediate Bond ETF worth $1,822,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UITB. Eagle Bay Advisors LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at about $27,000. PNC Financial Services Group Inc. purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth approximately $40,000. Rockefeller Capital Management L.P. increased its stake in VictoryShares Core Intermediate Bond ETF by 46.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after purchasing an additional 506 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $127,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $139,000.

VictoryShares Core Intermediate Bond ETF Trading Down 0.2%

NASDAQ:UITB opened at $46.18 on Thursday. VictoryShares Core Intermediate Bond ETF has a 12 month low of $46.12 and a 12 month high of $48.06. The firm has a fifty day simple moving average of $46.62 and a 200-day simple moving average of $47.05.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.18 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, July 9th. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

About VictoryShares Core Intermediate Bond ETF

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.