VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Update

by · The Cerbat Gem

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 184,000 shares, an increase of 42.2% from the September 30th total of 129,400 shares. Based on an average trading volume of 112,500 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in UBND. 1900 Wealth Management LLC grew its position in VictoryShares Core Plus Intermediate Bond ETF by 48.0% during the second quarter. 1900 Wealth Management LLC now owns 2,525,445 shares of the company’s stock valued at $54,032,000 after buying an additional 818,770 shares during the period. Goldstein Advisors LLC boosted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 26.5% during the third quarter. Goldstein Advisors LLC now owns 1,768,493 shares of the company’s stock worth $39,344,000 after acquiring an additional 370,502 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF during the third quarter valued at $39,256,000. Annex Advisory Services LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 99.3% during the third quarter. Annex Advisory Services LLC now owns 1,266,544 shares of the company’s stock valued at $28,177,000 after purchasing an additional 631,082 shares in the last quarter. Finally, Elk River Wealth Management LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 7.0% during the third quarter. Elk River Wealth Management LLC now owns 303,269 shares of the company’s stock valued at $6,747,000 after purchasing an additional 19,749 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.0 %

Shares of UBND traded down $0.01 during trading hours on Monday, reaching $21.71. 92,512 shares of the company traded hands, compared to its average volume of 68,792. The company’s fifty day moving average price is $22.12 and its two-hundred day moving average price is $21.68. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $20.28 and a 12 month high of $22.43.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a $0.0669 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.80 annualized dividend and a yield of 3.70%.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

(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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