Victory Capital Management Inc. Raises Stock Position in VictoryShares Short-Term Bond ETF $USTB

Victory Capital Management Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 0.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 5,331,308 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Victory Capital Management Inc. owned about 0.16% of VictoryShares Short-Term Bond ETF worth $271,843,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 12.8% during the third quarter. Commonwealth Equity Services LLC now owns 224,882 shares of the company’s stock worth $11,467,000 after buying an additional 25,602 shares during the period. Adapt Wealth Advisors LLC lifted its position in VictoryShares Short-Term Bond ETF by 6.3% during the 2nd quarter. Adapt Wealth Advisors LLC now owns 168,943 shares of the company’s stock worth $8,586,000 after acquiring an additional 9,978 shares during the period. ERn Financial LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 6.9% in the 3rd quarter. ERn Financial LLC now owns 301,014 shares of the company’s stock valued at $15,349,000 after purchasing an additional 19,442 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $4,343,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 17.5% during the second quarter. Envestnet Asset Management Inc. now owns 48,449 shares of the company’s stock worth $2,462,000 after purchasing an additional 7,223 shares during the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.0%

NASDAQ:USTB opened at $51.04 on Wednesday. The firm’s fifty day moving average price is $50.93 and its 200 day moving average price is $50.92. VictoryShares Short-Term Bond ETF has a 1-year low of $50.10 and a 1-year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were paid a dividend of $0.1831 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th.

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.