VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Strong Trading Volume – Here’s Why

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw unusually-high trading volume on Tuesday . Approximately 58,841 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 78,285 shares.The stock last traded at $50.09 and had previously closed at $50.07.

VictoryShares Short-Term Bond ETF Stock Performance

The firm has a fifty day moving average of $50.36 and a 200 day moving average of $50.33.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were given a dividend of $0.3598 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Pine Valley Investments Ltd Liability Co lifted its position in shares of VictoryShares Short-Term Bond ETF by 12.7% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 117,976 shares of the company’s stock valued at $5,994,000 after acquiring an additional 13,266 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in VictoryShares Short-Term Bond ETF by 1.1% during the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock worth $1,872,000 after acquiring an additional 401 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of VictoryShares Short-Term Bond ETF by 8.9% in the 3rd quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock valued at $2,614,000 after purchasing an additional 4,192 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 124.5% during the 3rd quarter. IHT Wealth Management LLC now owns 14,299 shares of the company’s stock worth $727,000 after purchasing an additional 7,929 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in VictoryShares Short-Term Bond ETF by 53.7% in the third quarter. Integrated Wealth Concepts LLC now owns 29,697 shares of the company’s stock valued at $1,509,000 after buying an additional 10,371 shares during the last quarter.

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.