Burt Wealth Advisors Increases Stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Burt Wealth Advisors raised its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,215 shares of the company’s stock after buying an additional 205 shares during the quarter. Burt Wealth Advisors’ holdings in VictoryShares Short-Term Bond ETF were worth $362,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of USTB. Janney Montgomery Scott LLC acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $294,000. Fifth Third Bancorp purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $155,000. Stifel Financial Corp increased its holdings in shares of VictoryShares Short-Term Bond ETF by 8.9% in the third 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. Orion Portfolio Solutions LLC lifted its position 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 buying an additional 401 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 8.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 51,099 shares of the company’s stock worth $2,565,000 after buying an additional 4,066 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of USTB opened at $50.71 on Tuesday. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92. The stock has a fifty day simple moving average of $50.33 and a two-hundred day simple moving average of $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.1892 per share. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, February 7th.

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.