Cornerstone Planning Group LLC Raises Holdings in VictoryShares Short-Term Bond ETF $USTB

Cornerstone Planning Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 19.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 292,838 shares of the company’s stock after purchasing an additional 46,742 shares during the period. VictoryShares Short-Term Bond ETF comprises about 2.1% of Cornerstone Planning Group LLC’s holdings, making the stock its 14th largest position. Cornerstone Planning Group LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $14,844,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in shares of VictoryShares Short-Term Bond ETF by 23.2% in the 1st quarter. Bank of New York Mellon Corp now owns 45,670 shares of the company’s stock valued at $2,310,000 after purchasing an additional 8,592 shares during the period. Sigma Planning Corp increased its position in VictoryShares Short-Term Bond ETF by 3.8% during the first quarter. Sigma Planning Corp now owns 24,019 shares of the company’s stock worth $1,215,000 after buying an additional 889 shares during the period. Valmark Advisers Inc. increased its position in VictoryShares Short-Term Bond ETF by 11.6% during the first quarter. Valmark Advisers Inc. now owns 63,874 shares of the company’s stock worth $3,231,000 after buying an additional 6,616 shares during the period. Fifth Third Bancorp lifted its stake in VictoryShares Short-Term Bond ETF by 414.3% in the first quarter. Fifth Third Bancorp now owns 19,696 shares of the company’s stock valued at $996,000 after buying an additional 15,866 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in VictoryShares Short-Term Bond ETF by 6.2% in the first quarter. Kestra Advisory Services LLC now owns 29,401 shares of the company’s stock valued at $1,487,000 after buying an additional 1,714 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.47 on Friday. VictoryShares Short-Term Bond ETF has a twelve month low of $50.35 and a twelve month high of $51.12. The business has a 50 day simple moving average of $50.55 and a 200-day simple moving average of $50.71.

VictoryShares Short-Term Bond ETF Increases Dividend

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

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.