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

Burt Wealth Advisors lifted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,215 shares of the company’s stock after purchasing an additional 205 shares during the period. Burt Wealth Advisors’ holdings in VictoryShares Short-Term Bond ETF were worth $362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Bensler LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth about $10,169,000. Certified Advisory Corp raised its holdings in VictoryShares Short-Term Bond ETF by 631.6% in the 3rd quarter. Certified Advisory Corp now owns 163,310 shares of the company’s stock worth $8,298,000 after purchasing an additional 140,989 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in VictoryShares Short-Term Bond ETF by 69.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 271,322 shares of the company’s stock worth $13,620,000 after purchasing an additional 110,916 shares in the last quarter. Midwest Capital Advisors LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $4,619,000. Finally, Motco increased its position in shares of VictoryShares Short-Term Bond ETF by 26.2% in the fourth quarter. Motco now owns 281,958 shares of the company’s stock valued at $14,154,000 after buying an additional 58,610 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock opened at $50.71 on Tuesday. The company’s fifty day moving average price is $50.33 and its 200 day moving average price is $50.43. VictoryShares Short-Term Bond ETF has a 1 year low of $49.29 and a 1 year high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were paid a dividend of $0.1892 per share. 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.

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.