Elk River Wealth Management LLC Has $7.23 Million Stock Holdings in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND)

Elk River Wealth Management LLC raised its holdings in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) by 2.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 331,479 shares of the company’s stock after acquiring an additional 8,677 shares during the period. VictoryShares Core Plus Intermediate Bond ETF comprises about 1.4% of Elk River Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Elk River Wealth Management LLC’s holdings in VictoryShares Core Plus Intermediate Bond ETF were worth $7,226,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Envestnet Asset Management Inc. acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at approximately $242,000. OneDigital Investment Advisors LLC grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 26.5% in the 4th quarter. OneDigital Investment Advisors LLC now owns 109,870 shares of the company’s stock valued at $2,348,000 after acquiring an additional 23,010 shares during the period. Madison Wealth Partners Inc increased its position in VictoryShares Core Plus Intermediate Bond ETF by 21.4% during the fourth quarter. Madison Wealth Partners Inc now owns 147,776 shares of the company’s stock worth $3,158,000 after buying an additional 26,020 shares during the last quarter. Corient Private Wealth LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 156.9% in the 4th quarter. Corient Private Wealth LLC now owns 218,800 shares of the company’s stock valued at $4,676,000 after acquiring an additional 133,624 shares during the period. Finally, 1900 Wealth Management LLC boosted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 18.0% during the 4th quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock worth $73,625,000 after buying an additional 526,628 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.6%

Shares of NASDAQ UBND opened at $21.51 on Friday. VictoryShares Core Plus Intermediate Bond ETF has a one year low of $21.11 and a one year high of $22.43. The stock’s fifty day moving average price is $21.55 and its two-hundred day moving average price is $21.57.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 9th. Investors of record on Thursday, May 8th were given a dividend of $0.0799 per share. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.96 annualized dividend and a dividend yield of 4.46%.

VictoryShares Core Plus Intermediate Bond ETF Company 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.