VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Hits New 52-Week High at $50.65

VictoryShares Short-Term Bond ETF (NASDAQ:USTB)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.65 and last traded at $50.65, with a volume of 2146 shares changing hands. The stock had previously closed at $50.52.

VictoryShares Short-Term Bond ETF Trading Up 0.2 %

The firm has a fifty day simple moving average of $50.22 and a 200-day simple moving average of $49.87.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 8th were paid a dividend of $0.2052 per share. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.85%. The ex-dividend date was Thursday, August 8th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of USTB. Victory Capital Management Inc. boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 1.4% during the second quarter. Victory Capital Management Inc. now owns 4,292,597 shares of the company’s stock worth $213,771,000 after acquiring an additional 60,752 shares during the period. Marquette Asset Management LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 0.3% during the 1st quarter. Marquette Asset Management LLC now owns 595,489 shares of the company’s stock worth $29,673,000 after purchasing an additional 1,615 shares during the last quarter. ERn Financial LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 2nd quarter valued at $14,126,000. Atria Investments Inc grew its holdings in VictoryShares Short-Term Bond ETF by 5.0% in the 1st quarter. Atria Investments Inc now owns 251,579 shares of the company’s stock valued at $12,536,000 after buying an additional 11,972 shares in the last quarter. Finally, Waverly Advisors LLC bought a new position in VictoryShares Short-Term Bond ETF during the 1st quarter worth $11,970,000.

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.