VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw strong trading volume on Wednesday . 89,755 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 88,376 shares.The stock last traded at $21.67 and had previously closed at $21.68.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

The firm has a 50 day moving average price of $21.57 and a 200 day moving average price of $21.72.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.0837 dividend. This is a positive change from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 10th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of UBND. Envestnet Asset Management Inc. bought a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter valued at $242,000. LexAurum Advisors LLC grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 2.7% during the fourth quarter. LexAurum Advisors LLC now owns 19,849 shares of the company’s stock valued at $424,000 after purchasing an additional 516 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 26.5% in the fourth quarter. OneDigital Investment Advisors LLC now owns 109,870 shares of the company’s stock worth $2,348,000 after purchasing an additional 23,010 shares during the last quarter. Madison Wealth Partners Inc lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 21.4% in the fourth quarter. Madison Wealth Partners Inc now owns 147,776 shares of the company’s stock worth $3,158,000 after buying an additional 26,020 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 156.9% during the fourth quarter. Corient Private Wealth LLC now owns 218,800 shares of the company’s stock valued at $4,676,000 after buying an additional 133,624 shares during the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

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.