VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Drop in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 23,900 shares, a drop of 51.4% from the July 31st total of 49,200 shares. Based on an average daily volume of 49,500 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter valued at about $27,000. LexAurum Advisors LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 8.9% in the 1st quarter. LexAurum Advisors LLC now owns 17,457 shares of the company’s stock worth $376,000 after purchasing an additional 1,427 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth approximately $585,000. Madison Wealth Partners Inc acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 2nd quarter valued at $1,721,000. Finally, Elk River Wealth Management LLC raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 9.8% during the 2nd quarter. Elk River Wealth Management LLC now owns 283,520 shares of the company’s stock valued at $6,066,000 after purchasing an additional 25,254 shares during the period.

VictoryShares Core Plus Intermediate Bond ETF Trading Down 0.4 %

Shares of NASDAQ:UBND traded down $0.08 on Friday, hitting $22.03. The company’s stock had a trading volume of 22,568 shares, compared to its average volume of 48,130. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $20.18 and a 12 month high of $22.24. The stock’s 50-day moving average is $21.76 and its two-hundred day moving average is $21.48.

VictoryShares Core Plus Intermediate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 8th were given a dividend of $0.0801 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date was Thursday, August 8th.

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.