VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Unusually-High Trading Volume – Here’s Why

Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITBGet Free Report) saw an uptick in trading volume on Tuesday . 657,599 shares were traded during trading, an increase of 257% from the previous session’s volume of 184,308 shares.The stock last traded at $46.18 and had previously closed at $46.35.

VictoryShares Core Intermediate Bond ETF Trading Down 0.2%

The firm’s fifty day simple moving average is $46.99 and its 200 day simple moving average is $47.34.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a dividend of $0.1628 per share. The ex-dividend date of this dividend was Friday, May 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at approximately $27,000. PNC Financial Services Group Inc. bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at approximately $40,000. Rockefeller Capital Management L.P. raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 46.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock valued at $76,000 after acquiring an additional 506 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at approximately $127,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at approximately $139,000.

VictoryShares Core Intermediate Bond ETF Company Profile

(Get Free Report)

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.

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