VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Growth in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 184,000 shares, a growth of 42.2% from the September 30th total of 129,400 shares. Based on an average trading volume of 112,500 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors have recently modified their holdings of the company. Retirement Planning Group LLC acquired a new position in VictoryShares Core Plus Intermediate Bond ETF during the third quarter worth $39,256,000. Goldstein Advisors LLC increased its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 1.0% in the second quarter. Goldstein Advisors LLC now owns 1,397,991 shares of the company’s stock valued at $29,910,000 after buying an additional 14,378 shares in the last quarter. Madison Wealth Partners Inc acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF during the 2nd quarter worth $1,721,000. Elk River Wealth Management LLC boosted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 7.0% in the 3rd quarter. Elk River Wealth Management LLC now owns 303,269 shares of the company’s stock worth $6,747,000 after buying an additional 19,749 shares in the last quarter. Finally, Annex Advisory Services LLC grew its stake in VictoryShares Core Plus Intermediate Bond ETF by 99.3% in the 3rd quarter. Annex Advisory Services LLC now owns 1,266,544 shares of the company’s stock valued at $28,177,000 after acquiring an additional 631,082 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

VictoryShares Core Plus Intermediate Bond ETF stock traded down $0.01 during midday trading on Tuesday, reaching $21.71. The company’s stock had a trading volume of 51,343 shares, compared to its average volume of 68,708. VictoryShares Core Plus Intermediate Bond ETF has a fifty-two week low of $20.28 and a fifty-two week high of $22.43. The stock’s 50 day simple moving average is $22.12 and its 200 day simple moving average is $21.68.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a $0.0669 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $0.80 dividend on an annualized basis and a yield of 3.70%.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.