VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw an uptick in trading volume on Friday. Approximately 3,530,023 shares traded hands during mid-day trading, an increase of 1,176% from the previous session’s volume of 276,672 shares. The stock last traded at $20.75 and had previously closed at $20.80.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.1%

The stock’s 50 day simple moving average is $21.32 and its 200 day simple moving average is $21.57.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a $0.0859 dividend. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.0819. The ex-dividend date was Wednesday, September 9th.

Institutional Trading of VictoryShares Core Plus Intermediate Bond ETF

Several institutional investors have recently added to or reduced their stakes in UBND. Victory Capital Management Inc. lifted its position in shares of 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 worth $447,896,000 after buying an additional 4,800,062 shares during the last quarter. Annex Advisory Services LLC lifted its holdings 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 worth $410,751,000 after acquiring an additional 1,223,743 shares during the last quarter. Cahaba Wealth Management Inc. boosted 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 acquiring an additional 316,424 shares during the period. Retirement Planning Group LLC grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% during 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 last quarter. Finally, Corient Private Wealth LP raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 22.9% during the 2nd quarter. Corient Private Wealth LP now owns 1,484,759 shares of the company’s stock worth $32,256,000 after purchasing an additional 276,364 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.