Cahaba Wealth Management Inc. Has $178.14 Million Position in VictoryShares Core Plus Intermediate Bond ETF $UBND

Cahaba Wealth Management Inc. lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 4.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,179,176 shares of the company’s stock after purchasing an additional 316,424 shares during the period. VictoryShares Core Plus Intermediate Bond ETF makes up about 12.1% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Cahaba Wealth Management Inc. owned approximately 9.72% of VictoryShares Core Plus Intermediate Bond ETF worth $178,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of UBND. Comprehensive Financial Planning Inc. PA bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $26,000. Global Retirement Partners LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $33,000. Comerica Bank raised its position in shares of 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 acquiring an additional 799 shares during the last quarter. Finally, Vise Technologies Inc. bought a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth $286,000.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.3%

VictoryShares Core Plus Intermediate Bond ETF stock opened at $21.58 on Thursday. The business’s 50-day simple moving average is $21.67 and its 200 day simple moving average is $21.86. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $21.39 and a 12-month high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

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

VictoryShares Core Plus Intermediate Bond ETF 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.