LeClair Wealth Partners Bets Big on UITB

LeClair Wealth Partners has made a significant investment in the VictoryShares Core Intermediate Bond ETF, UITB, worth $20.8 million, marking a new position and signaling confidence in steady bond income. This stake now accounts for 12% of their total assets and is their third largest holding. UITB offers a 4% dividend yield, blending investment-grade corporate bonds, U.S. government securities, and mortgage-backed securities. With $2.7 billion in assets, UITB focuses on intermediate-term bonds, making it a core pick for fixed-income investors. This move by LeClair suggests a broader trend of increased bond investments as rates stabilize. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/252ef0906753442e