Horan Capital Advisors LLC. Raises Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Horan Capital Advisors LLC. grew its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 212,647 shares of the company’s stock after acquiring an additional 11,095 shares during the period. VictoryShares Core Intermediate Bond ETF accounts for approximately 3.4% of Horan Capital Advisors LLC.’s holdings, making the stock its 5th largest position. Horan Capital Advisors LLC. owned about 0.43% of VictoryShares Core Intermediate Bond ETF worth $10,192,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Morton Brown Family Wealth LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the second quarter valued at about $30,000. Harbour Investments Inc. grew its holdings in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after buying an additional 3,320 shares during the last quarter. Raymond James Trust N.A. bought a new stake in VictoryShares Core Intermediate Bond ETF in the 2nd quarter valued at $205,000. Princeton Global Asset Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth about $292,000. Finally, Wedmont Private Capital acquired a new position in shares of VictoryShares Core Intermediate Bond ETF during the second quarter valued at about $300,000.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB stock opened at $46.34 on Tuesday. The business’s 50-day simple moving average is $47.28 and its 200 day simple moving average is $46.83. VictoryShares Core Intermediate Bond ETF has a twelve month low of $44.90 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a dividend of $0.1594 per share. The ex-dividend date was Thursday, November 7th. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.13%.

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.