Raymond James Trust N.A. Has $329,000 Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Raymond James Trust N.A. boosted its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 53.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,855 shares of the company’s stock after acquiring an additional 2,398 shares during the period. Raymond James Trust N.A.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $329,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Cetera Investment Advisers bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the first quarter worth approximately $15,418,000. Janney Montgomery Scott LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 299.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock valued at $1,310,000 after purchasing an additional 20,498 shares during the period. Envestnet Asset Management Inc. grew its holdings in VictoryShares Core Intermediate Bond ETF by 5.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock valued at $2,583,000 after buying an additional 2,729 shares in the last quarter. Alliance Wealth Advisors LLC increased its position 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 during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 11.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 352,289 shares of the company’s stock worth $16,209,000 after buying an additional 35,772 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB stock opened at $46.80 on Thursday. VictoryShares Core Intermediate Bond ETF has a 52 week low of $45.00 and a 52 week high of $48.31. The company’s 50-day simple moving average is $47.05 and its 200 day simple moving average is $46.86.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a dividend of $0.1594 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date was Thursday, November 7th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12.

VictoryShares Core Intermediate Bond ETF 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.