VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Raises Dividend to $0.16 Per Share

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) announced a monthly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Investors of record on Thursday, November 7th will be given a dividend of 0.1594 per share on Friday, November 8th. This represents a $1.91 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date is Thursday, November 7th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of UITB traded up $0.34 during mid-day trading on Thursday, hitting $46.58. 179,140 shares of the company traded hands, compared to its average volume of 139,996. The business has a 50-day moving average of $47.50 and a 200 day moving average of $46.76. VictoryShares Core Intermediate Bond ETF has a one year low of $44.17 and a one year high of $48.31.

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.