VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Shares Acquired by Masso Torrence Wealth Management Inc.

Masso Torrence Wealth Management Inc. grew its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 5.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,930 shares of the company’s stock after acquiring an additional 4,567 shares during the quarter. VictoryShares Short-Term Bond ETF comprises approximately 2.3% of Masso Torrence Wealth Management Inc.’s portfolio, making the stock its 15th biggest position. Masso Torrence Wealth Management Inc. owned approximately 0.65% of VictoryShares Short-Term Bond ETF worth $4,180,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. ERn Financial LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the second quarter worth $14,126,000. Redhawk Wealth Advisors Inc. raised its position in VictoryShares Short-Term Bond ETF by 84.3% in the second quarter. Redhawk Wealth Advisors Inc. now owns 158,060 shares of the company’s stock worth $7,871,000 after acquiring an additional 72,309 shares in the last quarter. Prairieview Wealth Partners LLC raised its position in VictoryShares Short-Term Bond ETF by 2.1% in the second quarter. Prairieview Wealth Partners LLC now owns 217,677 shares of the company’s stock worth $10,840,000 after acquiring an additional 4,494 shares in the last quarter. Cetera Advisors LLC raised its position in VictoryShares Short-Term Bond ETF by 357.1% in the first quarter. Cetera Advisors LLC now owns 37,725 shares of the company’s stock worth $1,880,000 after acquiring an additional 29,472 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new position in VictoryShares Short-Term Bond ETF in the first quarter worth $1,910,000.

VictoryShares Short-Term Bond ETF Trading Up 0.1 %

Shares of USTB stock traded up $0.04 during mid-day trading on Tuesday, reaching $50.42. The stock had a trading volume of 33,968 shares, compared to its average volume of 66,261. VictoryShares Short-Term Bond ETF has a 12-month low of $48.37 and a 12-month high of $50.64. The business has a 50-day simple moving average of $50.06 and a 200 day simple moving average of $49.80.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 8th were given a $0.2052 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.88%. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.20.

About VictoryShares Short-Term Bond ETF

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.