Samalin Investment Counsel LLC Raises Stock Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Samalin Investment Counsel LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,505 shares of the company’s stock after purchasing an additional 2,586 shares during the period. VictoryShares Short-Term Bond ETF comprises about 1.2% of Samalin Investment Counsel LLC’s portfolio, making the stock its 16th biggest position. Samalin Investment Counsel LLC owned about 0.28% of VictoryShares Short-Term Bond ETF worth $2,736,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Victory Capital Management Inc. increased its stake in VictoryShares Short-Term Bond ETF by 23.0% during the fourth quarter. Victory Capital Management Inc. now owns 5,122,240 shares of the company’s stock worth $257,136,000 after purchasing an additional 959,375 shares during the period. Raymond James Financial Inc. purchased a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $15,966,000. ERn Financial LLC increased its stake in VictoryShares Short-Term Bond ETF by 3.0% during the fourth quarter. ERn Financial LLC now owns 301,649 shares of the company’s stock worth $15,143,000 after purchasing an additional 8,790 shares during the period. Motco increased its stake in shares of VictoryShares Short-Term Bond ETF by 26.2% during the fourth quarter. Motco now owns 281,958 shares of the company’s stock worth $14,154,000 after buying an additional 58,610 shares during the period. Finally, Redhawk Wealth Advisors Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF by 69.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 271,322 shares of the company’s stock worth $13,620,000 after buying an additional 110,916 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

USTB stock opened at $50.56 on Friday. The company’s 50 day moving average price is $50.44 and its 200 day moving average price is $50.44. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a $0.193 dividend. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, March 10th.

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.