Charles Schwab Investment Management Inc. Trims Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Charles Schwab Investment Management Inc. reduced its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,451,374 shares of the company’s stock after selling 121,030 shares during the quarter. Charles Schwab Investment Management Inc. owned 12.74% of VictoryShares Core Intermediate Bond ETF worth $296,505,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of UITB. Bogart Wealth LLC lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 36.9% during the 4th quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock worth $80,901,000 after acquiring an additional 474,119 shares during the last quarter. Riversedge Advisors LLC boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 4.6% in the 4th quarter. Riversedge Advisors LLC now owns 695,989 shares of the company’s stock worth $31,988,000 after purchasing an additional 30,603 shares in the last quarter. Allen Capital Group LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 6.8% during the 4th quarter. Allen Capital Group LLC now owns 545,854 shares of the company’s stock valued at $25,087,000 after purchasing an additional 34,566 shares during the last quarter. Allworth Financial LP raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 15.4% during the 4th quarter. Allworth Financial LP now owns 517,352 shares of the company’s stock valued at $23,783,000 after buying an additional 68,907 shares in the last quarter. Finally, Newman Dignan & Sheerar Inc. lifted its position in VictoryShares Core Intermediate Bond ETF by 2.0% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 353,733 shares of the company’s stock worth $16,258,000 after buying an additional 6,801 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Down 0.4 %

Shares of UITB opened at $46.91 on Thursday. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31. The stock has a 50 day simple moving average of $46.16 and a two-hundred day simple moving average of $46.80.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were issued a dividend of $0.1528 per share. The ex-dividend date was Friday, February 7th. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

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.