Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Decreases By 47.4%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 21,100 shares, a decrease of 47.4% from the March 31st total of 40,100 shares. Based on an average daily volume of 52,900 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 0.5% during the third quarter. Victory Capital Management Inc. now owns 9,988,001 shares of the company’s stock worth $206,860,000 after buying an additional 45,126 shares during the period. 1900 Wealth Management LLC boosted its stake in VictoryShares Core Plus Intermediate Bond ETF by 126.2% during the first quarter. 1900 Wealth Management LLC now owns 1,706,675 shares of the company’s stock worth $36,804,000 after buying an additional 952,062 shares during the period. Elk River Wealth Management LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth about $6,946,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth about $585,000. Finally, LexAurum Advisors LLC lifted its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 8.9% during the first quarter. LexAurum Advisors LLC now owns 17,457 shares of the company’s stock worth $376,000 after purchasing an additional 1,427 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Trading Up 0.2 %

UBND stock traded up $0.04 during mid-day trading on Friday, hitting $20.97. 12,855 shares of the company were exchanged, compared to its average volume of 47,359. The business has a fifty day simple moving average of $21.34 and a 200-day simple moving average of $21.23. VictoryShares Core Plus Intermediate Bond ETF has a 12-month low of $20.18 and a 12-month high of $21.96.

VictoryShares Core Plus Intermediate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were paid a dividend of $0.0884 per share. This represents a $1.06 annualized dividend and a yield of 5.06%. The ex-dividend date was Thursday, April 11th.

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.