Midwest Capital Advisors LLC Invests $4.62 Million in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Midwest Capital Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 92,015 shares of the company’s stock, valued at approximately $4,619,000. VictoryShares Short-Term Bond ETF makes up 3.4% of Midwest Capital Advisors LLC’s holdings, making the stock its 8th largest position.

Several other hedge funds also recently modified their holdings of USTB. Burt Wealth Advisors increased its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% in the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after purchasing an additional 350 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 1.1% in the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after purchasing an additional 401 shares in the last quarter. Comprehensive Wealth Management LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 6.9% in the third quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $604,000 after purchasing an additional 762 shares in the last quarter. Aspire Wealth Management Corp increased its holdings in shares of VictoryShares Short-Term Bond ETF by 11.4% in the third quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock valued at $445,000 after purchasing an additional 897 shares in the last quarter. Finally, Swmg LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 6.7% in the fourth quarter. Swmg LLC now owns 16,292 shares of the company’s stock valued at $819,000 after purchasing an additional 1,026 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.46 on Monday. The firm has a 50 day simple moving average of $50.27 and a 200 day simple moving average of $50.42. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92.

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 paid a $0.1892 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.