VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Announces Monthly Dividend of $0.20

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) declared a monthly dividend on Wednesday, July 8th, NASDAQ Dividends reports. Investors of record on Thursday, July 9th will be given a dividend of 0.2031 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Thursday, July 9th. This is a 11.6% increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF Trading Down 0.4%

Shares of NASDAQ:USTB traded down $0.18 during trading on Thursday, reaching $50.43. The stock had a trading volume of 267,461 shares, compared to its average volume of 234,176. The firm’s fifty day moving average is $50.58 and its 200 day moving average is $50.73. VictoryShares Short-Term Bond ETF has a 52 week low of $50.40 and a 52 week high of $51.12.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Institutional investors have recently modified their holdings of the company. Apella Capital LLC lifted its position in VictoryShares Short-Term Bond ETF by 10.0% in the 2nd quarter. Apella Capital LLC now owns 242,085 shares of the company’s stock valued at $12,254,000 after acquiring an additional 22,075 shares in the last quarter. M.E. Allison & CO. Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 2.2% in the second quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock worth $583,000 after purchasing an additional 245 shares during the last quarter. Stonebridge Financial Group LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 5.2% in the second quarter. Stonebridge Financial Group LLC now owns 927,201 shares of the company’s stock worth $46,935,000 after purchasing an additional 45,870 shares during the last quarter. Allen Capital Group LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the first quarter valued at approximately $4,081,000. Finally, Western Wealth Management LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the first quarter valued at approximately $28,000.

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.