VictoryShares Short-Term Bond ETF $USTB Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 35.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 359,431 shares of the company’s stock after buying an additional 95,000 shares during the quarter. Private Advisor Group LLC owned about 1.11% of VictoryShares Short-Term Bond ETF worth $18,327,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Merit Financial Group LLC boosted its position in VictoryShares Short-Term Bond ETF by 5,778.3% during the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after acquiring an additional 2,389,445 shares during the last quarter. Bank of America Corp DE raised its holdings 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 last quarter. Apella Capital LLC raised its holdings in VictoryShares Short-Term Bond ETF by 997.4% in the 3rd quarter. Apella Capital LLC now owns 171,611 shares of the company’s stock valued at $8,754,000 after acquiring an additional 155,973 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its stake in VictoryShares Short-Term Bond ETF by 832.3% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 161,877 shares of the company’s stock worth $8,225,000 after purchasing an additional 144,514 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its stake in VictoryShares Short-Term Bond ETF by 25.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock worth $35,311,000 after purchasing an additional 141,511 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $51.02 on Tuesday. The stock’s 50 day simple moving average is $50.94 and its 200-day simple moving average is $50.93. VictoryShares Short-Term Bond ETF has a 1-year low of $50.10 and a 1-year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were given a dividend of $0.1831 per share. The ex-dividend date was Monday, February 9th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.