VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Short Interest Down 64.7% in January

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 15,800 shares, a decline of 64.7% from the January 15th total of 44,700 shares. Based on an average daily trading volume, of 129,800 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares Core Plus Intermediate Bond ETF Stock Up 0.5 %

UBND traded up $0.10 during midday trading on Thursday, hitting $21.45. 6,936 shares of the company were exchanged, compared to its average volume of 129,025. VictoryShares Core Plus Intermediate Bond ETF has a 1-year low of $20.90 and a 1-year high of $22.43. The firm’s 50 day moving average price is $21.45 and its 200-day moving average price is $21.78.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a dividend of $0.0784 per share. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.01.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in UBND. Goldstein Advisors LLC raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 26.5% in the 3rd 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 in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 56.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 86,860 shares of the company’s stock worth $1,932,000 after acquiring an additional 31,317 shares in the last quarter. Annex Advisory Services LLC raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 131.3% in the 4th quarter. Annex Advisory Services LLC now owns 2,930,146 shares of the company’s stock worth $62,617,000 after acquiring an additional 1,663,602 shares in the last quarter. LexAurum Advisors LLC raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.7% in the 4th quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock worth $424,000 after acquiring an additional 516 shares in the last quarter. Finally, 1900 Wealth Management LLC raised its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 18.0% in the 4th quarter. 1900 Wealth Management LLC now owns 3,445,251 shares of the company’s stock worth $73,625,000 after acquiring an additional 526,628 shares in the last quarter.

About VictoryShares Core Plus Intermediate Bond ETF

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.