Optivise Advisory Services LLC Reduces Stock Holdings in VictoryShares Core Intermediate Bond ETF $UITB

Optivise Advisory Services LLC lessened its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 60.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,427 shares of the company’s stock after selling 41,155 shares during the quarter. Optivise Advisory Services LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada grew its stake in VictoryShares Core Intermediate Bond ETF by 6.8% in the 1st quarter. Royal Bank of Canada now owns 160,514 shares of the company’s stock valued at $7,535,000 after acquiring an additional 10,286 shares during the last quarter. AQR Capital Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF during the 1st quarter valued at about $333,000. JPMorgan Chase & Co. increased its holdings in VictoryShares Core Intermediate Bond ETF by 2.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 136,331 shares of the company’s stock valued at $6,417,000 after acquiring an additional 2,648 shares in the last quarter. Global Retirement Partners LLC acquired a new position in VictoryShares Core Intermediate Bond ETF during the second quarter worth about $234,000. Finally, J.W. Cole Advisors Inc. acquired a new position in VictoryShares Core Intermediate Bond ETF during the second quarter worth about $237,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.3%

Shares of NASDAQ UITB opened at $46.92 on Thursday. The firm’s 50-day moving average is $47.45 and its two-hundred day moving average is $47.52. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.60 and a 12-month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were given a dividend of $0.1617 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 4.1%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.16.

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.