Marks Group Wealth Management Inc Raises Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Marks Group Wealth Management Inc grew its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 17.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,676 shares of the company’s stock after acquiring an additional 1,583 shares during the period. Marks Group Wealth Management Inc’s holdings in VictoryShares Core Intermediate Bond ETF were worth $491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of UITB. Financial Services Advisory Inc grew its holdings in VictoryShares Core Intermediate Bond ETF by 909.1% during the third quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock valued at $10,171,000 after purchasing an additional 191,182 shares during the period. Creative Financial Designs Inc. ADV purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $8,579,000. Raymond James & Associates grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 91.9% during the 3rd quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock valued at $16,157,000 after acquiring an additional 161,474 shares during the period. Sargent Investment Group LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 98.9% during the 4th quarter. Sargent Investment Group LLC now owns 271,886 shares of the company’s stock valued at $12,346,000 after acquiring an additional 135,165 shares during the period. Finally, Planning Directions Inc. increased its holdings in VictoryShares Core Intermediate Bond ETF by 416.3% in the 3rd quarter. Planning Directions Inc. now owns 167,322 shares of the company’s stock worth $8,020,000 after acquiring an additional 134,911 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Down 0.5 %

Shares of NASDAQ:UITB opened at $45.87 on Thursday. VictoryShares Core Intermediate Bond ETF has a 1-year low of $45.00 and a 1-year high of $48.31. The firm’s 50 day simple moving average is $46.12 and its two-hundred day simple moving average is $46.87.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a dividend of $0.1528 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, February 7th.

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.