VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Shares Acquired by Burt Wealth Advisors

Burt Wealth Advisors boosted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 5.3% during the third quarter, Holdings Channel.com reports. The fund owned 7,010 shares of the company’s stock after purchasing an additional 350 shares during the quarter. Burt Wealth Advisors’ holdings in VictoryShares Short-Term Bond ETF were worth $356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in USTB. Aspire Wealth Management Corp raised its holdings in shares of VictoryShares Short-Term Bond ETF by 11.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock worth $445,000 after purchasing an additional 897 shares during the period. Bensler LLC purchased a new position in VictoryShares Short-Term Bond ETF in the third quarter valued at approximately $10,169,000. Trademark Financial Management LLC raised its holdings in VictoryShares Short-Term Bond ETF by 16.3% in the third quarter. Trademark Financial Management LLC now owns 20,191 shares of the company’s stock valued at $1,026,000 after buying an additional 2,827 shares during the period. MONECO Advisors LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $803,000. Finally, Fortitude Family Office LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $91,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB traded down $0.02 during midday trading on Friday, hitting $50.28. 22,684 shares of the company’s stock traded hands, compared to its average volume of 70,588. The firm’s fifty day moving average price is $50.61 and its two-hundred day moving average price is $50.17. VictoryShares Short-Term Bond ETF has a twelve month low of $48.62 and a twelve month high of $50.92.

VictoryShares Short-Term Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.2103 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date is Thursday, November 7th.

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.