Sargent Investment Group LLC Has $6.55 Million Stock Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Sargent Investment Group LLC trimmed its position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 16.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,721 shares of the company’s stock after selling 26,536 shares during the quarter. VictoryShares Core Intermediate Bond ETF makes up approximately 1.2% of Sargent Investment Group LLC’s portfolio, making the stock its 21st largest position. Sargent Investment Group LLC owned approximately 0.27% of VictoryShares Core Intermediate Bond ETF worth $6,553,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. MBL Wealth LLC acquired a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at approximately $20,609,000. Cetera Investment Advisers bought a new position in VictoryShares Core Intermediate Bond ETF during the first quarter worth $15,418,000. Bank of Montreal Can bought a new position in VictoryShares Core Intermediate Bond ETF during the second quarter worth $11,423,000. Financial Services Advisory Inc boosted its stake in VictoryShares Core Intermediate Bond ETF by 909.1% during the third quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock worth $10,171,000 after buying an additional 191,182 shares in the last quarter. Finally, Newman Dignan & Sheerar Inc. boosted its stake in VictoryShares Core Intermediate Bond ETF by 221.2% during the second quarter. Newman Dignan & Sheerar Inc. now owns 262,267 shares of the company’s stock worth $12,067,000 after buying an additional 180,614 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Up 0.1 %

Shares of UITB traded up $0.04 during trading hours on Thursday, hitting $46.34. The stock had a trading volume of 41,572 shares, compared to its average volume of 141,440. The company’s fifty day moving average is $47.39 and its two-hundred day moving average is $46.80. VictoryShares Core Intermediate Bond ETF has a 52 week low of $44.58 and a 52 week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

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

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.