Ferguson Shapiro LLC Raises Position in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Ferguson Shapiro LLC increased its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 424.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,191 shares of the company’s stock after buying an additional 17,958 shares during the period. VictoryShares Core Intermediate Bond ETF accounts for approximately 0.4% of Ferguson Shapiro LLC’s portfolio, making the stock its 24th largest holding. Ferguson Shapiro LLC’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,020,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allen Capital Group LLC raised its position in VictoryShares Core Intermediate Bond ETF by 6.8% during the fourth quarter. Allen Capital Group LLC now owns 545,854 shares of the company’s stock valued at $25,087,000 after purchasing an additional 34,566 shares in the last quarter. Perigon Wealth Management LLC purchased a new stake in VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at about $246,000. Foundations Investment Advisors LLC raised its position in VictoryShares Core Intermediate Bond ETF by 15.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,792 shares of the company’s stock valued at $1,231,000 after purchasing an additional 3,587 shares in the last quarter. Avaii Wealth Management LLC raised its position in VictoryShares Core Intermediate Bond ETF by 20.8% during the fourth quarter. Avaii Wealth Management LLC now owns 8,432 shares of the company’s stock valued at $388,000 after purchasing an additional 1,453 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in VictoryShares Core Intermediate Bond ETF by 33.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 6,790 shares of the company’s stock valued at $312,000 after purchasing an additional 1,684 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ UITB opened at $46.18 on Thursday. The stock’s 50-day simple moving average is $46.21 and its two-hundred day simple moving average is $46.89. VictoryShares Core Intermediate Bond ETF has a twelve month low of $45.00 and a twelve month high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were issued a $0.0299 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

About VictoryShares Core Intermediate Bond ETF

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.