VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) shares saw unusually-strong trading volume on Wednesday after the company announced a dividend. Approximately 189,444 shares changed hands during mid-day trading, an increase of 183% from the previous session’s volume of 66,867 shares.The stock last traded at $50.65 and had previously closed at $50.91.
The newly announced dividend which will be paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were given a dividend of $0.2377 per share. The ex-dividend date was Wednesday, September 11th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.21. This represents a $2.85 dividend on an annualized basis and a dividend yield of 5.62%.
VictoryShares Short-Term Bond ETF Stock Performance
The stock has a 50-day moving average price of $50.36 and a 200 day moving average price of $49.92.
Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF
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.
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