VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sets New 1-Year High at $50.06

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.06 and last traded at $50.06, with a volume of 36528 shares. The stock had previously closed at $50.05.

VictoryShares Short-Term Bond ETF Stock Performance

The company’s fifty day moving average is $49.79 and its 200-day moving average is $49.69.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, July 11th. Investors of record on Wednesday, July 10th were issued a dividend of $0.1963 per share. This represents a $2.36 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend was Wednesday, July 10th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several large investors have recently modified their holdings of the company. Marquette Asset Management LLC raised its stake in VictoryShares Short-Term Bond ETF by 7.9% during the 4th quarter. Marquette Asset Management LLC now owns 593,874 shares of the company’s stock valued at $29,450,000 after purchasing an additional 43,400 shares during the last quarter. Elk River Wealth Management LLC acquired a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $1,562,000. Private Trust Co. NA acquired a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $57,000. Householder Group Estate & Retirement Specialist LLC raised its stake in VictoryShares Short-Term Bond ETF by 104.6% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 6,750 shares of the company’s stock valued at $334,000 after purchasing an additional 3,451 shares during the last quarter. Finally, StrategIQ Financial Group LLC raised its stake in VictoryShares Short-Term Bond ETF by 28.5% during the 4th quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock valued at $10,740,000 after purchasing an additional 48,086 shares during the last quarter.

VictoryShares Short-Term Bond ETF Company Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.