Trademark Financial Management LLC Sells 6,715 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Trademark Financial Management LLC reduced its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 33.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,476 shares of the company’s stock after selling 6,715 shares during the quarter. Trademark Financial Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $677,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of USTB. Fortitude Family Office LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth approximately $91,000. Fifth Third Bancorp purchased a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth approximately $155,000. Janney Montgomery Scott LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth $294,000. Octavia Wealth Advisors LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 37.9% during the 4th quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock valued at $300,000 after buying an additional 1,645 shares in the last quarter. Finally, Greenup Street Wealth Management LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at $305,000.

VictoryShares Short-Term Bond ETF Price Performance

USTB opened at $50.36 on Friday. The business’s fifty day simple moving average is $50.27 and its 200 day simple moving average is $50.42. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a dividend of $0.1892 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.