Waverly Advisors LLC Boosts Stock Position in VictoryShares Short-Term Bond ETF $USTB

Waverly Advisors LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTBFree Report) by 6.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 451,585 shares of the company’s stock after acquiring an additional 27,171 shares during the quarter. Waverly Advisors LLC owned approximately 1.13% of VictoryShares Short-Term Bond ETF worth $22,841,000 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. Sunbelt Securities Inc. purchased a new position in VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $30,000. JPMorgan Chase & Co. purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter worth $32,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth $33,000. Aptus Capital Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at $72,000. Finally, SHP Wealth Management bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at $100,000.

VictoryShares Short-Term Bond ETF Stock Performance

USTB opened at $50.39 on Friday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.34 and a fifty-two week high of $51.12. The firm’s fifty day moving average is $50.54 and its 200 day moving average is $50.70.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a $0.2031 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, July 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Receive News & Ratings for VictoryShares Short-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares Short-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.