Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Decreases By 47.4%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 21,100 shares, a decline of 47.4% from the March 31st total of 40,100 shares. Based on an average trading volume of 52,900 shares, the short-interest ratio is currently 0.4 days.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.2 %

NASDAQ:UBND traded up $0.04 during mid-day trading on Friday, hitting $20.97. 12,855 shares of the company’s stock were exchanged, compared to its average volume of 47,359. VictoryShares Core Plus Intermediate Bond ETF has a one year low of $20.18 and a one year high of $21.96. The business has a fifty day moving average price of $21.34 and a 200 day moving average price of $21.23.

VictoryShares Core Plus Intermediate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were paid a $0.0884 dividend. The ex-dividend date was Thursday, April 11th. This represents a $1.06 annualized dividend and a dividend yield of 5.06%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in UBND. 1900 Wealth Management LLC lifted its stake in shares of VictoryShares Core Plus Intermediate Bond ETF by 126.2% in the first quarter. 1900 Wealth Management LLC now owns 1,706,675 shares of the company’s stock worth $36,804,000 after buying an additional 952,062 shares in the last quarter. Elk River Wealth Management LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at approximately $6,946,000. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 0.5% during the third quarter. Victory Capital Management Inc. now owns 9,988,001 shares of the company’s stock valued at $206,860,000 after purchasing an additional 45,126 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at approximately $585,000. Finally, LexAurum Advisors LLC raised its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 8.9% during the first quarter. LexAurum Advisors LLC now owns 17,457 shares of the company’s stock valued at $376,000 after purchasing an additional 1,427 shares during the last quarter.

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.