MONECO Advisors LLC Boosts Stock Holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

MONECO Advisors LLC boosted its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 9.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,336 shares of the company’s stock after acquiring an additional 1,533 shares during the period. MONECO Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $870,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USTB. Fortitude Family Office LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $91,000. Fifth Third Bancorp acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth about $155,000. Janney Montgomery Scott LLC purchased a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $294,000. Octavia Wealth Advisors LLC grew its holdings in VictoryShares Short-Term Bond ETF by 37.9% in the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock valued at $300,000 after purchasing an additional 1,645 shares during the period. Finally, Greenup Street Wealth Management LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $305,000.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of USTB stock opened at $50.46 on Monday. VictoryShares Short-Term Bond ETF has a 1-year low of $49.29 and a 1-year high of $50.92. The stock 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 Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were given a dividend of $0.1892 per share. The ex-dividend date 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.