Redhawk Wealth Advisors Inc. Cuts Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Redhawk Wealth Advisors Inc. reduced its stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 41.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,481 shares of the company’s stock after selling 13,606 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of UITB. Janney Montgomery Scott LLC increased its holdings in shares of 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 worth $1,310,000 after buying an additional 20,498 shares during the last quarter. Envestnet Asset Management Inc. grew its position in VictoryShares Core Intermediate Bond ETF by 5.1% in the second quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock worth $2,583,000 after acquiring an additional 2,729 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in VictoryShares Core Intermediate Bond ETF by 96.2% in the third quarter. Thrivent Financial for Lutherans now owns 28,995 shares of the company’s stock valued at $1,390,000 after acquiring an additional 14,216 shares during the last quarter. Alliance Wealth Advisors LLC raised its position in VictoryShares Core Intermediate Bond ETF by 8.8% during the third quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock valued at $23,727,000 after purchasing an additional 39,917 shares in the last quarter. Finally, Raymond James & Associates raised its position in VictoryShares Core Intermediate Bond ETF by 91.9% during the third quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock valued at $16,157,000 after purchasing an additional 161,474 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Trading Up 0.6 %

UITB opened at $45.68 on Thursday. The stock has a 50-day moving average price of $46.29 and a 200-day moving average price of $46.90. VictoryShares Core Intermediate Bond ETF has a 12-month low of $45.00 and a 12-month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were paid a $0.0299 dividend. The ex-dividend date was Wednesday, January 8th.

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.