VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Shares Up 0% – Should You Buy?
by Danessa Lincoln · The Markets DailyShares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) were up 0% during trading on Thursday . The stock traded as high as $21.12 and last traded at $21.1035. Approximately 61 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 1,616 shares. The stock had previously closed at $21.10.
VictoryShares Corporate Bond ETF Trading Down 0.2%
The business’s 50-day moving average is $21.40 and its two-hundred day moving average is $21.55.
VictoryShares Corporate Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.0829 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 4.7%. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07.
Hedge Funds Weigh In On VictoryShares Corporate Bond ETF
A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. lifted its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Free Report) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,788,904 shares of the company’s stock after acquiring an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent quarter.
VictoryShares Corporate Bond ETF Company Profile
The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.