Focus Financial Network Inc. Increases Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Focus Financial Network Inc. lifted its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 11.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,131 shares of the company’s stock after purchasing an additional 2,680 shares during the period. Focus Financial Network Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,155,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UITB. Financial Services Advisory Inc boosted its position in VictoryShares Core Intermediate Bond ETF by 909.1% in the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock valued at $10,171,000 after buying an additional 191,182 shares during the period. Creative Financial Designs Inc. ADV bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at approximately $8,579,000. Raymond James & Associates boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 91.9% in the third quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock valued at $16,157,000 after purchasing an additional 161,474 shares during the period. Sargent Investment Group LLC grew its stake in VictoryShares Core Intermediate Bond ETF by 98.9% in the fourth quarter. Sargent Investment Group LLC now owns 271,886 shares of the company’s stock worth $12,346,000 after purchasing an additional 135,165 shares in the last quarter. Finally, Planning Directions Inc. increased its holdings in VictoryShares Core Intermediate Bond ETF by 416.3% during the 3rd quarter. Planning Directions Inc. now owns 167,322 shares of the company’s stock worth $8,020,000 after purchasing an additional 134,911 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Down 0.5 %

Shares of NASDAQ UITB opened at $45.87 on Thursday. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.00 and a twelve month high of $48.31. The business has a fifty day simple moving average of $46.12 and a two-hundred day simple moving average of $46.87.

VictoryShares Core Intermediate Bond ETF Increases Dividend

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

About VictoryShares Core Intermediate Bond ETF

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.