Comerica Bank Increases Stock Holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Comerica Bank grew its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 16.0% during the fourth quarter, Holdings Channel reports. The firm owned 9,324 shares of the company’s stock after purchasing an additional 1,287 shares during the quarter. Comerica Bank’s holdings in VictoryShares Core Intermediate Bond ETF were worth $429,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the 4th quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter worth $34,000. Fifth Third Bancorp increased its position in shares of VictoryShares Core Intermediate Bond ETF by 116.5% during the fourth quarter. Fifth Third Bancorp now owns 2,360 shares of the company’s stock worth $108,000 after acquiring an additional 1,270 shares during the period. WealthTrak Capital Management LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $122,000. Finally, Fortune Financial Advisors LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF in the fourth quarter valued at $212,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.5%

UITB stock opened at $46.28 on Friday. The business’s 50-day moving average is $46.60 and its two-hundred day moving average is $46.43. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.37 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, May 8th were given a dividend of $0.1464 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.80%. The ex-dividend date was Thursday, May 8th.

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.