VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Strong Trading Volume – Here’s Why

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND – Get Free Report) saw unusually-high trading volume on Friday. Approximately 862,361 shares changed hands during mid-day trading, an increase of 167% from the average daily volume of 323,107 shares. The stock last traded at $20.81 and had previously closed at $20.82.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.1%

The stock’s 50-day simple moving average is $20.91 and its two-hundred day simple moving average is $21.51.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 9th. Stockholders of record on Friday, November 6th were given a $0.0845 dividend. This represents a $1.01 annualized dividend and a dividend yield of 4.9%. This is a negative change from VictoryShares Core Plus Intermediate Bond ETF’s previous monthly dividend of $0.0956. The ex-dividend date was Friday, November 6th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Vise Technologies Inc. raised its holdings in VictoryShares Core Plus Intermediate Bond ETF by 6.5% in the 3rd quarter. Vise Technologies Inc. now owns 14,465 shares of the company’s stock valued at $299,000 after acquiring an additional 879 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in VictoryShares Core Plus Intermediate Bond ETF in the 1st quarter worth approximately $54,000. Fifth Third Bancorp acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 1st quarter worth approximately $77,000. IAG Wealth Partners LLC acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 3rd quarter worth approximately $89,000. Finally, Harbour Investments Inc. acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 3rd quarter worth approximately $111,000.

About VictoryShares Core Plus Intermediate Bond ETF

(Get Free Report)

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.

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