VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sets New 1-Year Low – Here’s Why

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND)’s share price reached a new 52-week low on Tuesday. The stock traded as low as $20.69 and last traded at $20.72, with a volume of 2428708 shares changing hands. The stock had previously closed at $20.81.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The business has a 50-day moving average of $21.26 and a 200-day moving average of $21.54.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a $0.0859 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0819.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors have recently modified their holdings of the business. Victory Capital Management Inc. raised its position in VictoryShares Core Plus Intermediate Bond ETF by 30.9% in the 4th quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after purchasing an additional 4,800,062 shares during the last quarter. Annex Advisory Services LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the second quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after purchasing an additional 1,223,743 shares during the period. Cahaba Wealth Management Inc. increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 4.0% in the first quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock valued at $178,142,000 after purchasing an additional 316,424 shares during the period. Retirement Planning Group LLC increased its stake in VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the first quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock valued at $160,269,000 after purchasing an additional 853,671 shares during the period. Finally, Corient Private Wealth LP raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% in the second quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock valued at $32,256,000 after buying an additional 276,364 shares during the last quarter.

About VictoryShares Core Plus Intermediate Bond ETF

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.