Fjell Capital LLC Buys Shares of 92,381 VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Fjell Capital LLC bought a new position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 92,381 shares of the company’s stock, valued at approximately $4,246,000. VictoryShares Core Intermediate Bond ETF accounts for 4.4% of Fjell Capital LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UITB. Wealth Enhancement Advisory Services LLC raised its stake in VictoryShares Core Intermediate Bond ETF by 18.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,827 shares of the company’s stock worth $807,000 after buying an additional 2,612 shares during the period. Focus Financial Network Inc. raised its position in shares of VictoryShares Core Intermediate Bond ETF by 22.1% during the third quarter. Focus Financial Network Inc. now owns 22,451 shares of the company’s stock worth $1,076,000 after purchasing an additional 4,071 shares during the period. Creative Financial Designs Inc. ADV bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $8,579,000. Gladstone Institutional Advisory LLC grew its position in shares of VictoryShares Core Intermediate Bond ETF by 33.1% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 98,902 shares of the company’s stock valued at $4,740,000 after purchasing an additional 24,580 shares during the period. Finally, Princeton Global Asset Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF during the 3rd quarter worth approximately $292,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB stock opened at $46.82 on Wednesday. VictoryShares Core Intermediate Bond ETF has a 52 week low of $45.00 and a 52 week high of $48.31. The company’s 50 day moving average price is $46.03 and its two-hundred day moving average price is $46.81.

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 dividend of $0.1528 per share. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

VictoryShares Core Intermediate Bond ETF Company 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.