Financial Services Advisory Inc Sells 38,544 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Financial Services Advisory Inc lessened its position in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 18.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,667 shares of the company’s stock after selling 38,544 shares during the period. VictoryShares Core Intermediate Bond ETF makes up approximately 1.9% of Financial Services Advisory Inc’s investment portfolio, making the stock its 17th largest position. Financial Services Advisory Inc owned about 0.34% of VictoryShares Core Intermediate Bond ETF worth $7,982,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter worth approximately $34,000. Fifth Third Bancorp boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 116.5% in the fourth 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 period. Fortune Financial Advisors LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at approximately $212,000. Ameritas Advisory Services LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at approximately $246,000. Finally, Perigon Wealth Management LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at approximately $246,000.

VictoryShares Core Intermediate Bond ETF Trading Up 0.4 %

Shares of UITB stock opened at $47.07 on Monday. The stock has a 50 day simple moving average of $46.09 and a 200 day simple moving average of $46.80. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1528 dividend. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, February 7th.

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.