Charles Schwab Investment Management Inc. Sells 121,030 Shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Charles Schwab Investment Management Inc. lessened its holdings in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 1.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,451,374 shares of the company’s stock after selling 121,030 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.13% of VictoryShares Core Intermediate Bond ETF worth $296,505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in UITB. Bogart Wealth LLC lifted its position in VictoryShares Core Intermediate Bond ETF by 36.9% during the fourth quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock valued at $80,901,000 after purchasing an additional 474,119 shares in the last quarter. Financial Services Advisory Inc grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 909.1% during the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock valued at $10,171,000 after acquiring an additional 191,182 shares during the period. Sargent Investment Group LLC increased its holdings in VictoryShares Core Intermediate Bond ETF by 98.9% in the 4th quarter. Sargent Investment Group LLC now owns 271,886 shares of the company’s stock worth $12,346,000 after acquiring an additional 135,165 shares in the last quarter. Planning Directions Inc. raised its stake in VictoryShares Core Intermediate Bond ETF by 416.3% during the 3rd quarter. Planning Directions Inc. now owns 167,322 shares of the company’s stock worth $8,020,000 after acquiring an additional 134,911 shares during the period. Finally, Pine Valley Investments Ltd Liability Co lifted its holdings in VictoryShares Core Intermediate Bond ETF by 87.1% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 278,998 shares of the company’s stock valued at $12,823,000 after purchasing an additional 129,887 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of UITB stock opened at $46.91 on Thursday. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31. The company’s fifty day moving average price is $46.16 and its 200-day moving average price is $46.80.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a dividend of $0.1528 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

VictoryShares Core Intermediate Bond ETF 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.