VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by James Conley on Jan 25th, 2025

Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) saw strong trading volume on Thursday . 75,761 shares traded hands during trading, a decline of 14% from the previous session’s volume of 88,288 shares.The stock last traded at $50.28 and had previously closed at $50.30.

VictoryShares Short-Term Bond ETF Price Performance

The company’s fifty day moving average is $50.27 and its two-hundred day moving average is $50.39.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were paid a $0.0439 dividend. The ex-dividend date was Wednesday, January 8th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fortitude Family Office LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth $91,000. Fifth Third Bancorp acquired a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $155,000. Octavia Wealth Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $221,000. Janney Montgomery Scott LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $294,000. Finally, Greenup Street Wealth Management LLC bought a new position in VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $305,000.

VictoryShares Short-Term Bond ETF Company Profile

(Get Free Report)

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.