VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Shares Up 0% – What’s Next?

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) rose 0% on Tuesday . The company traded as high as $21.50 and last traded at $21.6050. Approximately 12 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,846 shares. The stock had previously closed at $21.60.

VictoryShares Corporate Bond ETF Stock Performance

The stock has a fifty day simple moving average of $21.49 and a 200-day simple moving average of $21.62.

VictoryShares Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a dividend of $0.0748 per share. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Investors Weigh In On VictoryShares Corporate Bond ETF

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the quarter. Victory Capital Management Inc. owned approximately 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 at the end of the most recent reporting period.

About VictoryShares Corporate Bond ETF

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.