REDW Wealth LLC Has $1.61 Million Position in VictoryShares Short-Term Bond ETF $USTB

REDW Wealth LLC raised its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 254.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,496 shares of the company’s stock after buying an additional 22,600 shares during the quarter. REDW Wealth LLC owned 0.10% of VictoryShares Short-Term Bond ETF worth $1,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Merit Financial Group LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 5,778.3% during the 3rd quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after acquiring an additional 2,389,445 shares in the last quarter. Bank of America Corp DE boosted its position in VictoryShares Short-Term Bond ETF by 31.6% during the second quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after purchasing an additional 312,543 shares during the last quarter. Amplius Wealth Advisors LLC grew its stake in VictoryShares Short-Term Bond ETF by 13.4% in the third quarter. Amplius Wealth Advisors LLC now owns 762,893 shares of the company’s stock valued at $38,900,000 after purchasing an additional 90,135 shares in the last quarter. Stonebridge Financial Group LLC increased its position in VictoryShares Short-Term Bond ETF by 25.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock worth $35,311,000 after purchasing an additional 141,511 shares during the last quarter. Finally, Marquette Asset Management LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 2.1% during the 3rd quarter. Marquette Asset Management LLC now owns 523,530 shares of the company’s stock worth $26,695,000 after purchasing an additional 10,806 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.0%

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.90 on Monday. The stock has a 50-day simple moving average of $50.87 and a 200-day simple moving average of $50.87. VictoryShares Short-Term Bond ETF has a 52-week low of $50.10 and a 52-week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were given a $0.0341 dividend. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, January 8th.

VictoryShares Short-Term Bond ETF 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.