47,119 Shares in VictoryShares Short-Term Bond ETF $USTB Acquired by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. purchased a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,119 shares of the company’s stock, valued at approximately $2,403,000. Rooted Wealth Advisors Inc. owned 0.13% of VictoryShares Short-Term Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USTB. Merit Financial Group LLC increased its position in VictoryShares Short-Term Bond ETF by 5,778.3% in 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 during the period. Bank of America Corp DE increased its position in VictoryShares Short-Term Bond ETF by 31.6% in the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after acquiring an additional 312,543 shares during the period. Cornerstone Planning Group LLC increased its position in VictoryShares Short-Term Bond ETF by 58,494.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 246,096 shares of the company’s stock valued at $12,531,000 after acquiring an additional 245,676 shares during the period. BlueStem Wealth Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at approximately $10,651,000. Finally, Farther Finance Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at approximately $7,580,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.53 on Monday. VictoryShares Short-Term Bond ETF has a 52-week low of $50.40 and a 52-week high of $51.12. The firm has a 50 day moving average price of $50.60 and a two-hundred day moving average price of $50.80.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a $0.1836 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, May 8th.

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.