Riversedge Advisors LLC Has $31.99 Million Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Riversedge Advisors LLC grew its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 695,989 shares of the company’s stock after purchasing an additional 30,603 shares during the period. VictoryShares Core Intermediate Bond ETF comprises about 7.2% of Riversedge Advisors LLC’s portfolio, making the stock its 2nd largest position. Riversedge Advisors LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $31,988,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UITB. Ameritas Advisory Services LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $246,000. Princeton Global Asset Management LLC bought a new position in VictoryShares Core Intermediate Bond ETF in the third quarter valued at approximately $292,000. Raymond James Trust N.A. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 53.8% in the third quarter. Raymond James Trust N.A. now owns 6,855 shares of the company’s stock valued at $329,000 after buying an additional 2,398 shares during the period. Avaii Wealth Management LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 25.6% during the third quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock worth $334,000 after acquiring an additional 1,422 shares in the last quarter. Finally, Chris Bulman Inc acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the third quarter worth $443,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of VictoryShares Core Intermediate Bond ETF stock opened at $45.91 on Friday. The stock’s 50-day moving average is $46.26 and its 200-day moving average is $46.90. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a dividend of $0.0299 per share. The ex-dividend date was Wednesday, January 8th.

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.