Valmark Advisers Inc. Lowers Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Valmark Advisers Inc. trimmed its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 29.9% during the third quarter, Holdings Channel.com reports. The fund owned 31,041 shares of the company’s stock after selling 13,236 shares during the period. Valmark Advisers Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,488,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. United Services Automobile Association boosted its holdings in VictoryShares Core Intermediate Bond ETF by 4.9% during the 2nd quarter. United Services Automobile Association now owns 2,305,226 shares of the company’s stock valued at $106,063,000 after acquiring an additional 108,558 shares during the period. Bogart Wealth LLC grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 1.6% in the third quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock valued at $61,644,000 after purchasing an additional 19,837 shares in the last quarter. Riversedge Advisors LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 22.5% during the 3rd quarter. Riversedge Advisors LLC now owns 665,386 shares of the company’s stock worth $31,892,000 after buying an additional 122,109 shares during the period. Alliance Wealth Advisors LLC lifted its holdings in VictoryShares Core Intermediate Bond ETF by 8.8% during the 3rd quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock worth $23,727,000 after buying an additional 39,917 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in VictoryShares Core Intermediate Bond ETF by 3.5% in the 1st quarter. Osaic Holdings Inc. now owns 478,097 shares of the company’s stock valued at $22,179,000 after buying an additional 16,001 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Up 0.0 %

Shares of NASDAQ UITB opened at $46.73 on Wednesday. The business’s fifty day simple moving average is $47.63 and its 200-day simple moving average is $46.71. VictoryShares Core Intermediate Bond ETF has a 12-month low of $43.56 and a 12-month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a dividend of $0.1233 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.48 annualized dividend and a yield of 3.17%.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.