VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – What’s Next?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw strong trading volume on Friday . 350,593 shares were traded during trading, an increase of 187% from the previous session’s volume of 122,353 shares.The stock last traded at $50.70 and had previously closed at $50.66.

VictoryShares Short-Term Bond ETF Stock Performance

The firm’s fifty day moving average is $50.37 and its 200 day moving average is $50.44.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a $0.1892 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriflex Group Inc. bought a new position in VictoryShares Short-Term Bond ETF during the 4th quarter worth $40,000. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth $155,000. Axis Wealth Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $205,000. Avantax Advisory Services Inc. lifted its position in VictoryShares Short-Term Bond ETF by 11.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock worth $240,000 after purchasing an additional 492 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $294,000.

VictoryShares Short-Term Bond ETF Company 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.