Focus Financial Network Inc. Boosts Stake in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB)

Focus Financial Network Inc. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB – Free Report) by 22.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,451 shares of the company’s stock after acquiring an additional 4,071 shares during the quarter. Focus Financial Network Inc.’s holdings in VictoryShares Core Intermediate Bond ETF were worth $1,076,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of UITB. Patriot Financial Group Insurance Agency LLC increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 3.5% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 142,327 shares of the company’s stock worth $6,822,000 after buying an additional 4,839 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of VictoryShares Core Intermediate Bond ETF by 18.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,827 shares of the company’s stock worth $807,000 after purchasing an additional 2,612 shares during the last quarter. Allworth Financial LP raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.5% in the 3rd quarter. Allworth Financial LP now owns 448,445 shares of the company’s stock valued at $21,494,000 after purchasing an additional 27,238 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 1.6% during the third quarter. Bogart Wealth LLC now owns 1,286,125 shares of the company’s stock worth $61,644,000 after purchasing an additional 19,837 shares during the last quarter. Finally, Chris Bulman Inc acquired a new position in VictoryShares Core Intermediate Bond ETF in the third quarter worth about $443,000.

VictoryShares Core Intermediate Bond ETF Stock Performance

Shares of NASDAQ UITB opened at $46.50 on Friday. The stock’s 50 day moving average price is $47.57 and its two-hundred day moving average price is $46.73. VictoryShares Core Intermediate Bond ETF has a 52-week low of $44.17 and a 52-week high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were given a dividend of $0.1233 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.18%. The ex-dividend date was Tuesday, October 8th.

About VictoryShares Core Intermediate Bond ETF

(Free Report)

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.

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