Sargent Investment Group LLC Has $12.35 Million Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Sargent Investment Group LLC raised its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 98.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 271,886 shares of the company’s stock after purchasing an additional 135,165 shares during the quarter. VictoryShares Core Intermediate Bond ETF accounts for about 2.0% of Sargent Investment Group LLC’s holdings, making the stock its 15th biggest holding. Sargent Investment Group LLC owned about 0.54% of VictoryShares Core Intermediate Bond ETF worth $12,346,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UITB. Fifth Third Bancorp grew its position in shares of VictoryShares Core Intermediate Bond ETF by 116.5% in the 4th quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock valued at $108,000 after buying an additional 1,270 shares during the last quarter. Fortune Financial Advisors LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $212,000. Ameritas Advisory Services LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at about $246,000. Perigon Wealth Management LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter worth approximately $246,000. Finally, Princeton Global Asset Management LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter worth approximately $292,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

VictoryShares Core Intermediate Bond ETF stock opened at $46.32 on Wednesday. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.00 and a 52-week high of $48.31. The stock’s 50 day moving average price is $46.19 and its two-hundred day moving average price is $46.88.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a $0.0299 dividend. 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.