Kestra Private Wealth Services LLC Sells 14,286 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Kestra Private Wealth Services LLC decreased its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 74.4% in the 1st quarter, Holdings Channel reports. The firm owned 4,915 shares of the company’s stock after selling 14,286 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $231,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $27,000. PNC Financial Services Group Inc. acquired a new stake in VictoryShares Core Intermediate Bond ETF in the third quarter worth $40,000. Motiv8 Investments LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $65,000. Rockefeller Capital Management L.P. raised its holdings 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 purchasing an additional 506 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at about $127,000.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB traded down $0.06 during trading hours on Tuesday, reaching $46.75. The stock had a trading volume of 4,738 shares, compared to its average volume of 176,318. The firm has a 50-day simple moving average of $46.74 and a 200 day simple moving average of $47.13. VictoryShares Core Intermediate Bond ETF has a 12 month low of $46.12 and a 12 month high of $48.06.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a $0.1654 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 4.2%.

VictoryShares Core Intermediate Bond ETF Profile

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.